The agent for the lenders says the Indian company’s U.S. affiliate transferred money to Florida-based Camshaft Capital
Indian education-technology company Byju’s became a so-called unicorn valued at $1 billion in 2018.
Photo:
Dhiraj Singh/Bloomberg News
Lenders to Indian education-technology company Byju’s have alleged that it covertly transferred $533 million to a Florida-based hedge fund, adding another dimension to their legal feud with one of India’s most highly valued startups.
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