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 amount of the debt repayment that was due?

Why did Baiju refuse to pay the debt repayment?

What legal action has resulted from the situation with the lenders?

What does the situation with the loan underscore about the financial state of the company?

What is the current valuation of India's leading Ed Tech compared to its previous valuation?