Another VC-backed company faces bankruptcy
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Another VC-backed company faces bankruptcy

By Beena Parmar

  • 21 Jan 2020
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Another VC-backed company faces bankruptcy
Credit: Thinkstock

Venture capital-backed companies rarely get entangled in the crosshairs of bankruptcy courts. As startups generally don’t take on bank loans, they either quietly shut down if the business fails or merge with a peer. But in one such rare case, Tree House Education & Accessories Ltd is now staring at bankruptcy. ......

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