Byju's Lenders May Take 30% Stake in Aakash to Settle Dispute
Byju's global lenders are in advanced talks to acquire a 30% stake in its partly-owned firm Aakash Educational Services and drop all legal action against founder Byju Raveendran. The settlement, valuing Aakash at $2 billion, aims to resolve a dispute stemming from unpaid loans and alleged mismanagement.