4 Foreign investors in Byju's seek Supreme Court intervention over insolvency concerns.

Foreign investors General Atlantic, Prosus, Peak XV (formerly Sequoia Capital), and Sofina, major stakeholders in Indian edtech firm Byju's valued at $22bn, seek Supreme Court intervention over insolvency concerns, citing mismanagement similar to US lenders' claims. They collectively hold almost 17% of the company's stake. Byju's has not commented on the matter.

August 27, 2024
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