Byju’s term loan gets more expensive; MPL lays off 350 post GST hit

Byju's quest to settle the $1.2 billion TLB feud might come at a steeper price. The embattled edtech firm might have to pony up an additional $50-60 million to service the increased interest rate it has offered to conclude the revised terms for the deal. This and more in today’s ETtech Morning Dispatch.

from Tech-Economic Times https://ift.tt/krJdYNX