Byju’s Leadership Faces Legal Challenge Amid Claims of Missing Funds

In a dramatic twist for the Indian ed-tech giant Byju’s, a group of US lenders has filed a lawsuit targeting the company’s founder, Byju Raveendran, his wife, and a key aide, amid serious allegations of misappropriated funds. The legal action underscores the ongoing turmoil within Byju's, which has struggled with financial instability and governance issues over the past year.

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