Indian tax authorities seek $101 million in Byju's insolvency process

Indian tax authorities are seeking $101 million from Byju's, once India's biggest startup now facing insolvency. Backed by General Atlantic, Byju's was valued at $22 billion in 2022 but has struggled with regulatory issues and disputes with U.S. lenders. The company is currently managed by court-appointed resolution professional Pankaj Srivastava.