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In 50 Words: Byju’s accused of hiding $533m in obscure hedge fund: lenders

Lenders are accusing Indian edtech company Byju’s of concealing US$533 million in an obscure Miami hedge fund called Camshaft Capital. The dispute forms part of an ongoing battle between Byju’s and its lenders – the latter alleged that the money is collateral against a US$1.2 billion loan, which they claimed is in default.

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