Byju’s, India’s most valuable start-up, is coming under intense scrutiny from the government, investors and creditors over repeated failures to publish its accounts, as funding and revenues dry up for the once-booming educational technology sector.
The online tutoring company had benefited from stay-at-home Covid restrictions and is valued at $22bn, after raising nearly $6bn from investors over several rounds, including from leading private equity firms General Atlantic and Tiger Global. It has also taken out $1.8bn in loans.
However, the Bangalore-headquartered start-up has yet to receive at least $250mn in funding from two investors, according to people with knowledge of the matter.
您已阅读11%（692字），剩余89%（5412字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。