A US arm of the Indian edtech startup Byju’s, known as Byju’s Alpha unit, has filed for Chapter 11 bankruptcy in the Delaware court, citing liabilities between $1 billion and $10 billion, Reuters reported.

Byjus(Shutterstock)

The court filing indicates assets in the range of $500 million to $1 billion, with estimated creditors numbering between 100 and 199.

This is a developing story. Please get back to check for updates.



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