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flag Byju's founder offers to repay lenders amid insolvency due to BCCI claim, denying fraud.

flag Byju Raveendran, founder of the Indian edtech firm Byju's, has expressed a willingness to repay lenders amid the company's insolvency proceedings, sparked by a $21.3 million claim from the BCCI. flag He attributed the crisis to strategic misjudgments and loss of investor confidence, asserting no fraud occurred. flag As Byju's faces bankruptcy, Raveendran remains optimistic about recovery and emphasizes his commitment to education despite the financial turmoil.

6 months ago
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