Camshaft says Byju’s unit beneficial owner of $533 million funds
Camshaft disclosed in court filings this week that some $533 million it managed for Byju’s Alpha, a U.S. unit of Indian edtech group Byju’s, was transferred to another 100% and U.S.-based subsidiary of Byju’s, thereby refuting allegations that the Indian firm used the wealth manager’s services to siphon off money. In the court filings, Camshaft […] © 2024 TechCrunch. All rights reserved. For personal use only.
Camshaft disclosed in court filings this week that some $533 million it managed for Byju’s Alpha, a U.S. unit of Indian edtech group Byju’s, was transferred to another 100% and U.S.-based subsidiary of Byju’s, thereby refuting allegations that the Indian firm used the wealth manager’s services to siphon off money. In the court filings, Camshaft […]
© 2024 TechCrunch. All rights reserved. For personal use only.
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