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ITNewspapersThe Telegraph

US lenders counter Byju’s claim on debt, says edtech obligated to repay full USD 1.2 bn TLB

Isha Sharma
By Isha SharmaSeptember 17, 2024

US lenders represented by Glas Trust have countered BYJU’s founder Byju Raveendran’s claim on verified debt on the company being merely around Rs 20 crore, and have said that the beleaguered edtech firm will have to pay the entire USD 1.2 billion Term Loan B along with interest.

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