Byju's troubles trigger startup reevaluation

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Ananya Tripathi, head honcho at coding platform WhiteHat Jr, has reportedly stepped down, marking yet another high-level exit at parent firm Byju&#39;s.

Whitehat Jr CEO Ananya Tripathi Resigns Amid Stiff Challenges At Byju&#39;s

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The board officially approved this significant move and will soon announce the appointment of the merchant bankers for the IPO to assure a well-organized and successful listing next year, Byju&#39;s stated on June 5.

Byju&#39;s Moves Aakash IPO Timeline To 2024 Amid Serious Cash Crunch

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This development poses a fresh challenge for the prominent tech company, which had been attempting to appease creditors through prepayments and higher coupons as part of the loan restructuring.

Byju&#39;s Debt Troubles Rack Up As Lenders Abandon Talks

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Byju&#39;s said it was likely to receive &#34;a large capital infusion&#34; in about two weeks, which will allow Byju&#39;s Alpha to pay down the term loan it owes creditors, the firm&#39;s lawyer said in court.

Lenders Accuse Byju&#39;s Of Hiding $500M, Seek Control Over Edtech Giant

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