The meeting saw about 20 investor representatives in attendance, along with Think & Learn management, the parent company of Byju’s. Few questions regarding the postal ballot were asked and resolutions were called out while no objections were raised in the 30-minute meeting. Byju’s EGM on Rights Issue Ends Without Objections, Dissenting Investors Skip Meeting.
Prosus claiming that its board representative resigned because of disagreements with the edtech firm s executive leadership contradicts Byju s position.
Peak XV Partners writes to LPs to clarify GV Ravishankar’s reason to step down from Byju’s board, cites lack of transparency as reason for his exit. Peak XV told LPs that Ravishankar wasn’t able to discharge his fiduciary duties as an investor and a board member