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Byju s Hid $533 Million In Hedge Fund Once Run From Miami IHOP, Lenders Allege

Byju s Hid $533 Million In Hedge Fund Once Run From Miami IHOP, Lenders Allege
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Byju s | Lenders allege Byju s of hiding $533 million in obscure three-year-old hedge fund to avoid seized

Edtech company claimed its agreement with lenders did not explicitly proscribe movement of funds

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Byju s Deny Concealing $533 Million In Hedge Funds, Says Invested Money In High-Grade Fixed Income Assets

Byju s Deny Concealing $533 Million In Hedge Funds, Says Invested Money In High-Grade Fixed Income Assets
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What about your Virgin Galactic fiasco, asks tech CEO after Chamath Palihapitiya s X post on Byju s

Lenders have alleged that Byju's hid $533 mn in an obscure three-year-old hedge fund to avoid it being seized to make up for a loan default, but the ed-tech major claimed its agreement with lenders did not explicitly proscribe movement of funds

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Byju s Hid $533 Million in Hedge Fund Once Run From Miami IHOP, Lenders Allege

(Bloomberg) One of India’s hottest tech companies, Byju’s, allegedly hid $533 million in an obscure three-year-old hedge fund that once said its principal place of business was an IHOP pancake restaurant in Miami, according to lenders trying to recover the cash.Most Read from BloombergLuxury Cruise Ship Full of Australians Stuck in Greenland ArcticApple’s iPhone 15 Debut Includes Higher Price on Top ModelApple iPhone 15 Event Will Tout Enhanced Camera, Titanium FinishBP CEO Looney Quits Over

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