Home TECH Byju’s, as soon as valued at $22 billion, faces insolvency proceedings

Byju’s, as soon as valued at $22 billion, faces insolvency proceedings

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An Indian tribunal court docket initiated insolvency proceedings for Byju’s, as soon as India’s Most worthy startup, on Tuesday in response to a petition from the nation’s highly effective cricket board. The Tuesday ruling installs an interim decision skilled to handle the corporate’s operations, pushing the once-billionaire founder out in a dramatic flip for a agency that was valued […]

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