Byju's lawsuit

A group of lenders, who claim to collectively own more than 85% of a $1.2 billion term loan taken by Byju’s, has termed the suit filed by the edtech company against their demand for an “accelerated” repayment “meritless”.The group,…

NEW DELHI: Responding to the recent lawsuit filed by troubled edtech startup Byju'sin the New York Supreme Court, a group of ad hoc term loan lenders, who collectively own more than 85% of the firm's $1.2 billion term loan on Thursday said…