Liquidity crisis to ease in 45-60 days, says Byju's

Byju's expects the liquidity crisis to ease in 45-60 days. The firm is working to close the audit of its FY23 accounts. The litigation surrounding term loan B (TLB) is a challenge, but negotiations with lenders are underway. Byju's is trying to raise $400 million through the sale of Epic to manage the liquidity crunch. Resource...