Advertisements IIFL Finance denies lending money to Byju’s despite the latter claim in its financials for FY21. IIFL says it’s an error on Byju’s part. Think and Learn Private Limited (BYJU’S) made a mistake by mentioning IIFL Finance as a… Read More ›
Advertisements Navi Technologies, founded by Sachin Bansal, has successfully disbursed over two lakh personal loans worth Rs 1,900 crore through its co-lending and direct assignment platform, Navi Lending Cloud (NLC). The cloud-native platform, launched in August last year, has partnered… Read More ›
Advertisements According to media reports, Byju’s, India’s most valuable startup, expects to make a quarterly interest payment of around USD 40 million on a loan that has been at the focus of the embattled firm’s financial woes. The edtech company… Read More ›
Advertisements According to media sources, Edtech company Byju’s lenders have wanted up to USD 200 million (approximately Rs 1,600 crore) in prepayment combined with a higher rate of interest in order to restructure its USD 1.2 billion (Rs 9,600 crore)… Read More ›
Advertisements According to media reports, Byju’s, the world’s most valuable edtech startup, has asked creditors for more time to renegotiate a $1.2 billion loan agreement that is in breach of covenants. According to reports, creditors have until Tuesday to sign… Read More ›
Advertisements Think and Learn, the parent company of edtech unicorn Byju’s, has raised Rs 300 crore through a collateral-free loan from its wholly-owned subsidiary Aakash Educational Services, at a time when the company is restructuring its operations in order to… Read More ›
