- Lenders accuse Byju's Alpha of hiding $500 million.
- Lawsuit filed over control of the company.
- Byju's Alpha claims money transfer was allowed by loan agreement.
- Judge orders no substantive changes to the company.
- Trial to decide who controls Byju's Alpha scheduled later this year.
Byju’s Alpha Accused of Hiding $500 Million From Lenders
Lenders accused one of India’s hottest tech companies, Byju’s Alpha, of hiding $500 million as part of a fight between creditors and the self-proclaimed biggest education technology company in the world.
Steven Church
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