[With Proofs] Byjus filing bankruptcy by May 2024
Pending payments Aws: 56 cr Salesforce: 16cr Code.org - 48 Cr Term loan B - (9800 cr )1.2 Billion dollars BCCI - 160cr More than 10k pending FnF settlements pending totalling to 78 cr Assets freezed by various vendors - 12 cr 8 months pending PF - 98 cr Pending rent payments of offices: 15.5 Cr Loan defaults and frauds/bad loans: 130cr Other vendor payments/defaults/frauds : 10 cr
Companys current valuation: (8300 cr) 1 billion dollars.