BYJU’S Accused of Hiding $533 Million in Hedge Fund; Company Denies Report

2023 • 9min • News • Business


Published On: September 14, 2023 - In a surprising development in the dispute between BYJU'S and lenders, Bloomberg reported on 12 September that the edtech company has been accused of concealing $533 million in a little-known hedge fund which is three years old. This hedge fund had previously claimed that its main office was located in an IHOP pancake restaurant in Miami. Join News9’s Krishnakumar and Shweta Kothari for the latest at the embattled BYJU’S and its issues with lenders.