Indian ed-tech giant Byju's insolvency case fans employees' fears
Coronavirus
BENGALURU/NEW DELHI :The insolvency of Indian education technology company Byju's threatens to be the biggest upset in a celebrated startup sector, unleashing a long battle by thousands of panic-stricken employees to recover dues and protect their careers. Once a darling of global investors, valued at $22 billion in 2022, Byju's became popular by offering online training courses during the COVID-19 pandemic, but is now locked in a dispute with U.S. lenders seeking $1 billion in unpaid dues.
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