Indian ed-tech giant Byju’s faces total shutdown if insolvency proceeds, says CEO | Mint
Insolvency proceedings against ed-tech giant Byju’s, once India’s biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a total shutdown of its services, its CEO said in a court filing seen by Reuters. Byju’s, backed by investors like Prosus and General Atlantic, has suffered numerous setbacks in