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Byju Raveendran Addresses Dubai Move, Vows Revival
- Byju Raveendran clarified his move to Dubai was for his father's treatment, not to escape.
- He expressed commitment to revive Byju's and is willing to repay lenders if they cooperate.
- Byju's faces insolvency proceedings in India and the US over $1 billion in unpaid loans.
- The company settled a ₹158.9 crore dispute with BCCI, but US lenders challenged this.
- Raveendran remains optimistic, needing just a 1% chance to make things work.
Source: Times Now News, Hindustan Times
2mo ago
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