Beleaguered edtech firm Byju’s and New York-based investor Davidson Kempner Capital have initiated talks to resolve their disagreement concerning the violation of a loan covenant associated with Byju’s test preparation subsidiary, Aakash Institute. This and more in todays ETtech Morning Dispatch.
Beleaguered edtech firm Byju’s and New York-based investor Davidson Kempner Capital have initiated talks to resolve their disagreement concerning the violation of a loan covenant associated with Byju’s test preparation subsidiary, Aakash Institute. Sharma now owns close to 20% in Paytm, while Antfin is left with a 13.5% stake.
