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BYJU'S US arm files for bankruptcy
short by Pratham Nagpal / on Friday, 2 February, 2024
BYJU’S has filed for Chapter 11 bankruptcy proceedings in the court of Delaware via its US subsidiary, BYJU’S Alpha, listing liabilities in the range from $1 Bn to $10 Bn. According to court filing, BYJU’S Alpha unit listed its assets in the range of $500 Mn to $1 Bn, which showed estimated creditors in the range of 100 to 199.
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