Byju's Hid ₹ 4,400 Crore In Fund Once Run From Pancake Shop In US, Allege Lenders: Report

Wednesday, 13 September 2023Newsdesk
 Byju's Hid ₹ 4,400 Crore In Fund Once Run From Pancake Shop In US, Allege Lenders: Report
Byju's last year transferred half a billion dollars to Camshaft Capital Fund, the investment firm founded by William C. Morton when he was just 23 years old.

New Delhi 13 September 2023

As per news report of NDTV,One of India's hottest tech companies, Byju's, allegedly hid $533 million in an obscure three-year-old hedge fund that once said its principal place of business was an IHOP pancake restaurant in Miami, according to lenders trying to recover the cash.

Source - NDTV

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