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The online tutor is involved in at least five legal cases, including one filed by key shareholders and another against investors seeking to remove founder Byju Raveendran as the company’s CEO. ....
A day after Mint asked industry stakeholders to weigh in on the impact of Byju s and Paytm s debacles on the future trajectory of the start-up space in India, more has happened. Let us take a look at the regulatory support the sector expects. ....
The rights issue through which promoters of Byju's are seeking to infuse funds into the startup, is to close on Wednesday and the two sides cited technicalities if the rights issue could go ahead. ....
Founder CEO Raveendran Byju, his wife and brother - the only three members on company board as of now - stayed away from the extraordinary general meeting (EGM) called by a group of six investors, who collectively hold more than 32 per cent in Think & Learn (T&L), the firm that operates online tution platform Byju’s. ....
Addressing concerns stemming from recent developments, Raveendran communicated to his staff through a memo on Saturday, firmly declaring his ongoing role as CEO amidst speculation of his potential removal by investors. ....