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2024

General Atlantic, Prosus ask Supreme Court to hear their concerns in Byju's insolvency

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Foreign investors in Byju's, such as General Atlantic and Prosus, sought the Supreme Court's attention amid the company's $1 billion dispute with U.S. lenders, leading to its insolvency. These investors, who own a combined 17% stake, highlighted concerns of mismanagement, reinforcing similar accusations previously made by U.S. lenders.