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BYJU’S Cofounders To Seek $2.5 Bn In Damages

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SUMMARY

A counsel for the cofounders said that Raveedran and Gokulnath are also preparing “additional claims” against the aforementioned “parties” in other jurisdictions

The counsel termed the “conduct” of the edtech’s term loan B (TLB) lenders, under Glas Trust, as “reprehensible and improper”

Recently, a US bankruptcy court held Raveendran in civil contempt for failing to appear before it and submitting evidence on time

Troubled edtech startup BYJU’S cofounders are planning to take legal action to seek…

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