byju's arbitrator ranjan pai: Ranjan Pai initiates arbitration against Byju's for not repaying loans worth $42 million

In the latest dispute, MEMG Family Office, led by Ranjan Pai, in March initiated arbitration proceedings against Byju for allegedly not repaying its loans amounting to $42 million through a pre-agreed transfer of certain shares of a Byju's group company, Aakash Education.

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