{"id":848651,"date":"2024-08-28T09:16:30","date_gmt":"2024-08-28T03:46:30","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=848651"},"modified":"2024-08-28T09:24:04","modified_gmt":"2024-08-28T03:54:04","slug":"byjus-foreign-investors-ask-sc-to-hear-their-concerns-in-insolvency-case","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/28\/byjus-foreign-investors-ask-sc-to-hear-their-concerns-in-insolvency-case\/","title":{"rendered":"Byju&#8217;s foreign investors ask SC to hear their concerns in insolvency case"},"content":{"rendered":"<p>Foreign investors in Indian education technology company Byju&#8217;s, including General Atlantic, have urged the country&#8217;s Supreme Court to hear their concerns as judges decide on the future of the company which is undergoing insolvency, a legal filing shows. <\/p>\n<p>Once a darling of global investors, valued at $22 billion in 2022, Byju&#8217;s became popular by offering online training courses during the Covid-19 pandemic, but is now locked in a dispute with U.S. lenders seeking $1 billion in unpaid dues &#8211; a case that has triggered its insolvency.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign investors in Indian education technology company Byju&#8217;s, including General Atlantic, have urged the country&#8217;s Supreme Court to hear their concerns as judges decide on the future of the company which is undergoing insolvency, a legal filing shows. Once a darling of global investors, valued at $22 billion in 2022, Byju&#8217;s became popular by offering online training courses during the Covid-19 pandemic, but is now locked in a dispute with U.S. lenders seeking $1 billion in unpaid dues &#8211; a case that has triggered its insolvency.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-848651","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/848651","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=848651"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/848651\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=848651"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=848651"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=848651"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}