An Indian court allows insolvency proceedings to begin against edtech startup Byju's, and installs an interim resolution professional to replace Byju Raveendran (Bloomberg)

Bloomberg:
An Indian court allows insolvency proceedings to begin against edtech startup Byju's, and installs an interim resolution professional to replace Byju Raveendran  —  - Insolvency professional appointed to run the company  — Byju's says it seeks to reach ‘amicable settlement’ with BCCI

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