SINGAPORE, Oct 11 (Bernama-BUSINESS WIRE) — Kroll Pte. Limited (“Kroll”) today announced that Mr. Cosimo Borrelli and Mr. Jason Aleksander Kardachi were appointed to safeguard the charged assets of Great Learning Education Pte. Ltd. (“Great Learning”) and Byju’s Pte. Ltd. (“BPL”). The appointment was made on behalf of secured creditors of BYJU’s Alpha Inc, as part of the secured lenders’ exercise of their security rights following defaults by BYJU’s Alpha Inc.
A primary focus of the appointment is to protect and preserve the assets and businesses owned by Great Learning (including its subsidiary, Northwest Education Pte. Ltd. (“Northwest Education”)) and BPL. The operations of Great Learning and Northwest Education are not impacted by the appointment and all courses and programs offered by these businesses continue as usual.
