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Move comes one day after the edtech company filed a complaint in New York Supreme Court, challenging the acceleration of the $1.2 billion term loan it had raised in November 2021.

American online dating companies have quietly put their India operations on the back burner, with cuts in team sizes and growth spends. What gives?
Amid creditors’ allegations that the missing $533 million from a term loan is being quietly used to settle cases in India, Delaware bankruptcy court grants them unrestricted use of confidential documents to pursue the matter.
At the ASU+GSV & Emeritus summit in Gurugram, even as experts rallied behind AI, everyone seems to have forgotten the significant failures in the last five years.