NEW DELHI -- Byju's is in talks to renegotiate the terms for a $1.2 billion loan, sources familiar with the matter told DealStreetAsia, as India's most valuable education technology company grapples with steep losses and cost pressures.
DealStreetAsia
India's Byju's looks to renegotiate $1.2bn loan amid steep losses
Online education startup has been under spotlight over financial losses, job cuts
Byju's in October laid off 2,500 employees from its umbrella of companies to rein in costs. (Photo by Kosaku Mimura)
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