Byju’s investors vote to oust Raveendran, recast board | India News – Times of India

[ad_1] MUMBAI: Byju’s management and its investors are headed for a showdown with a group of investors in Think & Learn, the troubled edtech startup’s parent, voting to remove founder Byju Raveendran as CEO and restructure the board that includes his wife Divya Gokulnath and his brother Riju Ravindran.The announcement by investors led by Prosus,…

Read More

Rift between Byju’s and investors widen; company says investors have no voting rights on CEO change – Times of India

[ad_1] MUMBAI: Even as a group of Byju’s major investors are seeking removal of the troubled startup’s founder and group CEO Byju Raveendran from leadership position and reconstitution of the company’s board which now has been pretty much reduced to a family-run entity, Raveendran has given a clear indication that he is not going to…

Read More