Ed tech giant Baiju's just defaulted on a 1.2 billion dollar loan and it's not because it doesn't have money. Rather, it pins the blame on lenders who are allegedly harassing the company. In today's episode we talk about just that.
Edtech giant Byju’s just defaulted on a $1.2 billion loan. And it's not because it doesn’t have money (Or at least that’s what it says). Rather, it pins the blame on the lenders who’re allegedly harassing the company.
So in today’s episode for 8th June 2023, we dive into what on earth is happening at Byju’s.