NEW YORK--(BUSINESS WIRE)--The steering committee of the ad hoc group of term loan lenders (the “Lenders”) of the $1.5 billion Term Loan B (the “Term Loans”) provided to BYJU’S Alpha, Inc. (“BYJU’s ...

When Indian education-technology company Byju’s was ordered last year to freeze over $500 million as part of a U.S. court battle with its lenders, it said the funds were safely within the business.

The Mumbai Police's Economic Offences Wing (EOW) has registered an FIR against Byju's founder Byju Ravindran and company directors for alleged cheating and fraud to the tune of Rs 46.90 crore. The FIR ...