Byju’s Financial Crisis Unveiled: Understanding the Complex Web of Lawsuits and Bankruptcy Filings  

Byju’s, which was formerly considered the most prestigious company in India’s educational technology sector, is currently in the epicenter of a widespread financial catastrophe. It was a default on a term loan that was worth $1.2 billion that sparked this problem, which ultimately resulted in a Chapter 11 bankruptcy in the United States. Following the discovery of a missing $533 million, a flurry of lawsuits were filed in the bankruptcy courts of the United States, alleging that the company’s founders and affiliates had concealed assets. Additionally, regulatory investigations and internal instability have been taking place in India at the same time that insolvency processes and legal challenges have been taking place. The current turbulence that Byju is experiencing is defined by the complex legal battles, regulatory interventions, and operational challenges that are discussed in this article. Additionally, the article explores what the future holds for the troubled company.