Byju's Skips $40 Million Loan Payment in Lender Dispute

The transcript discusses a financial issue involving Baiju, an Ed Tech company, and its creditors. Baiju has refused to pay a $40 million debt due to disagreements over accelerated repayment terms. This refusal has led to legal proceedings involving the investment manager. The situation highlights the financial challenges faced by Baiju, once valued at over $22 billion, now worth less than half.

What was the main reason for Baiju's refusal to pay the $40 million debt?

• They were planning to pay later.

• They wanted to renegotiate the interest rate.

• They disagreed with the accelerated repayment terms.

• They did not have the funds.

What was the outcome of Baiju's refusal to pay the debt?

• The debt was forgiven.

• The debt was increased.

• The matter was resolved amicably.

• The issue ended up in court.

Who else became involved in the situation due to the debt issue?

• The investment manager

• The media

• The government

• A rival company

What was the original valuation of Baiju's Ed Tech?

• $10 billion

• $15 billion

• $22 billion

• $30 billion

What is the current estimated value of Baiju's Ed Tech?

• More than $30 billion

• Exactly $22 billion

• Less than $11 billion

• More than $22 billion