Byju S: Byju’s staff say morale waning amid turmoil at Indian edtech firm – Times of India

[ad_1] BENGALURU: Fresh troubles at Indian edtech startup Byju’s this week have escalated concerns among employees who were already uncertain about their future after several rounds of job-cuts, more than a dozen current and former staff told Reuters.Auditor Deloitte and three prominent board members severed ties with the Bengaluru-headquartered firm on Thursday, raising further questions … Read more

Redwood: Byju’s files suit challenging term loan acceleration, disqualify Redwood – Times of India

[ad_1] Byju’s filed a suit against investment management firm Redwood to challenge the acceleration of a $1.2 billion term loan B facility and disqualify the lender for its “predatory tactics,” the company said on Tuesday.Byju’s, which filed the suit in the New York Supreme Court, said Redwood purchased a significant portion of the loan while … Read more