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Byju’s files suit challenging acceleration of $1.2B loan, seeks to disqualify Redwood for ‘predatory’ tactics

  • TechCrunch faviconTechCrunch

    By Manish SinghJun 5, 2023, 10:04 pm168 pts
    photo of Byju’s files suit challenging acceleration of $1.2B loan, seeks to disqualify Redwood for ‘predatory’ tactics imageIndian edtech giant Byju’s has filed a complaint in the New York Supreme Court to challenge the acceleration of the $1.2 billion term loan B and to disqualify Redwood, who it alleges has conducted a series of predatory tactics. The Bengaluru-headquartered startup said Redwood purchased a significant portfolio…
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