Lenders allege BYJU’S Alpha of hiding $500 Mn, edtech denies claims

Lenders have alleged that BYJU’S Alpha, a US-based non-operative entity of edtech decacorn BYJU’S, is hiding $500 Mn. The allegations have come as part of a lawsuit between creditors and the edtech giant. The lenders alleged the same at a court hearing on Thursday in Delaware, where BYJU’S Alpha is facing a lawsuit over who should control the company.