Byju’s Creditors Appoint Kroll To Safeguard Charged Assets
As part of the secured lenders’ exercise of their security rights following defaults by BYJU’s Alpha Inc, the appointment was made on behalf of secured creditors of BYJU’s Alpha Inc
Kroll appointed Cosimo Borrelli and Jason Aleksander Kardachi to protect the charged assets of Byju’s Pte and Great Learning Education Pte. Cosimo Borrelli is Kroll’s global co-head of restructuring and Jason Kardachi leads the firm’s work in Singapore and South-East Asia.
As part of the secured lenders’ exercise of their security rights following defaults by BYJU’s Alpha Inc, the appointment was made on behalf of secured creditors of BYJU’s Alpha Inc.
“I am happy to see the Kroll team’s commitment towards Great Learning’s high quality education and continued growth and look forward to collaborating with them towards the realisation of our mission of enabling career success through transformative learning,” said Mohan Lakhamraju, Founder and CEO, Great Learning.
Kroll is the world’s premier provider of services and digital products related to valuation, governance, risk and transparency.