Saturday, 1 July, 2023
BYJU's Lenders Renew Talks to Restructure EdTech Company's Debt Load
Lenders of BYJU's, the popular Indian edtech company, have reportedly restarted discussions to restructure its debt burden. The talks come as BYJU's faces challenges in managing its loan repayments amid a rapidly evolving edtech landscape. The company's lenders are exploring options to provide financial flexibility and support its growth plans. The debt restructuring discussions aim to find a sustainable solution for BYJU's and ensure its long-term viability in the competitive edtech sector.