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Detailed stories on technology startups, business and economic current affairs.
The edtech firm’s complaint against lenders filed in the New York Supreme Court gives a glimpse of the issues at hand.

Accept my apologies first if you feel like there has been a Byju’s overdose from us this week. But the company is making all kinds of (questionable) moves and has been all over the news in the last five days. Like someone told me earlier this week: “Not a slow news day when Byju’s around.” So without further ado, let’s first sum up the news around the company to give you some context:
Co-founders Alakh Pandey and Prateek Maheshwari made Physics Wallah the company it is today by keeping their focus on the digital media, test-prep business. With fresh funds at its disposal after the IPO, it is making the mistake of believing it is an education company.
The latest quarterly report on the emirate’s real estate market, a new listing in Saudi Arabia and an Airtel arm eyes a UAE IPO.
The UAE-based school operator is making a move into Saudi Arabia as it enters its biggest expansion phase yet.