MUMBAI: Byju Raveendran, founder and CEO at troubled edtech startup Byju’s hit out at a bunch of traders, stating that their transfer to disable the corporate from utilizing the funds raised by way of the rights situation has hindered disbursement of salaries to staff. “….I regret to inform you that…
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‘Null and Void’: Byju’s after traders vote to oust founder from startup
NEW DELHI: Byju’s shareholders, together with Prosus and Peak XV Companions, voted to oust its founder and CEO Byju Raveendran on Friday, Prosus mentioned in a press release. Nonetheless, CEO Raveendran, his spouse and brother, didn’t attend the assembly.Prosus, which has a 9.6% stake in Byju’s, mentioned that shareholders unanimously…
