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1,887 creditors have so far claimed dues worth $1.5 billion from BYJU'S: Report

The Print · 8m

As many as 1,887 creditors have so far filed claims worth $1.5 billion against BYJU'S, the Byju Raveendran-led startup admitted to insolvency, Reuters reported citing insolvency board documents. The startup owes $18.7 million to Centre's Revenue Department and $82.3 million to tax department of Karnataka, where BYJU'S is based. The tax authorities labelled the claims as "statutory dues".