Indian Tech Giant Byju's US Unit Hits Ch. 11 With $1.5B Debt

By Rick Archer · February 1, 2024, 4:00 PM EST

A U.S. unit of Indian educational technology giant Byju's filed for Chapter 11 protection in a Delaware bankruptcy court Thursday with nearly $1.46 billion in debt, three months after the Delaware...

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Bankruptcy Scorecard

Summary

The American arm of Indian technology giant Byju filed for Chapter 11 months after a Delaware state court put lenders in charge of the business.

Case Number

1:24-bk-10140

Judge

John Dorsey

Venue

U.S. Bankruptcy Court for the District of Delaware

Capital Structure

Total Liabilities:

$1,457,062,112

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Documents

Case Information

Case Title

BYJU's Alpha, Inc.

Case Number

1:24-bk-10140

Court

Delaware

Nature of Suit

Date Filed

February 01, 2024