Byju Raveendran To File For $2.5 Billion In Damages, Disputes GLAS Trust’s Fund Diversion Claims
India’s edtech giant Byju’s has once again found itself at the center of a high-stakes corporate battle, with founder and CEO Byju Raveendran announcing plans to file for $2.5 billion in damages. The move comes in response to allegations by GLAS Trust, which claimed that the company diverted funds in violation of agreements with lenders….