Business Today

BATTLE LINES DRAWN

BYJU’S INVESTORS VOTED TO OUST FOUNDER & CEO BYJU RAVEENDRAN AT A RECENT EGM WHICH THE LATTER HAS CALLED ILLEGAL

conservative observers will concede that the Byju’s saga has barely unfolded. The once-storied edtech unicorn has seen a dramatic drop in its valuation and has witnessed a very combative relationship between its promoters and investors. Plus, it is trying to address its precarious financial situation.

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