Liquidity, Governance Concerns for Byju's

Byju's, once India's most valuable startup, is facing a crisis due to lack of audited financial accounts, stalled equity fundraising, and disputes over a $1.2 billion loan. Despite these challenges, there are positive developments: creditors are willing to restructure the debt, and the company is working on finalizing its financial accounts. Byju's is also in talks with early backers to address liquidity issues, indicating potential recovery.

What are the main issues currently faced by Byju's?

• Excessive profits and rapid expansion

• Lack of audited financial accounts and a stalled equity fundraise

• Successful partnerships and increased investments

• High employee turnover and management changes

Which group of investors is Byju's having a dispute with?

• Middle Eastern investors

• American investors

• European investors

• Local Indian investors

What positive step have Byju's creditors recently taken?

• They have decided to forgive the debt

• They have withdrawn their support completely

• They have agreed to work on restructuring the debt

• They have increased the interest rate on the loan

What is Byju's doing to address its liquidity issues?

• Laying off employees

• Increasing product prices

• Engaging with early backers for funds

• Selling off assets

What is the potential silver lining for Byju's?

• Acquiring a competitor

• Launching a new product line

• Finalizing its financial accounts soon

• Expanding into new markets