Yazılar

Camshaft alleges that a unit of Byju’s is the beneficial owner of $533 million in funds

/in /tarafından

In court filings this week, Camshaft revealed that the $533 million it managed for Byju’s Alpha, a U.S. unit of the Indian edtech group Byju’s, was transferred to another 100% U.S.-based subsidiary of Byju’s. This disclosure contradicts allegations that the Indian firm utilized the services of the wealth manager to divert funds. Devamını Oku

Camshaft claims that a Byju’s unit is the beneficial owner of $533 million in funds

/in /tarafından

In recent court filings, Camshaft disclosed that the $533 million it managed for Byju’s Alpha, a U.S.-based unit of Indian edtech giant Byju’s, was transferred to another wholly-owned U.S.-based subsidiary of Byju’s, Inspilearn LLC. This revelation rebuts allegations that Byju’s misappropriated funds through the wealth manager’s services. Devamını Oku