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Following the resignation of three board members and the departure of Deloitte, the company's auditor, Byju Raveendran, co-founder and CEO of Byju's, recently conducted a town hall meeting to allay fears and reassure staff.
Best Media Info: Out of the total 8,951 complaints made to ASCI, of which 7,928 were processed, the Indian EdTech industry accounted for just 2.7% in 2022-23, as per the recently published report| Marketing News
According to filings, Invesco – which led Swiggy’s $700 million round in January last year – valued the Bengaluru-based company at $5.5 billion as of January 31, 2023, as per the latest filing.
Despite forecasts that the global economic situation may negatively impact the startup market, the edtech sector in Vietnam is still flourishing due to increased investment in education, affordable internet costs, and advancements in industry technologies.
According to Karti, the ED should look at financial transactions involving cases of Narcotics or Terrorism instead of matters concerning foreign exchange as it’s not under their purview.