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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.
India Business News: Byju’s can proceed with the rights issue after NCLT defers decision on investors’ plea, but there’s a catch. Find out more about the latest developments.
The National Company Law Tribunal has sought written submissions in three days from Byju’s and its investors, who had sought a stay against the company’s $200-million rights issue
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Co-founder Shashank Kumar said the payment gateway company plans to expand in Southeast Asia and West Asia this year