A profile of Byju's CEO Byju Raveendran, who refuses to take responsibility for the edtech company's implosion and is accused of hiding $533M from US lenders
From Dubai, the enigmatic founder of Byju's recounts how he made his empire — and vows to rebuild it. X: @restofworld , @jeelanireports , @yudhijit , @rinachandran , @restofworld , @violazhouyi , and ...
Interviews with dozens of Byju's staff and other sources show a growing sense of desperation, as its insolvency rumbles on; some staff weigh their legal options
A group of Byju's investors, including Prosus and Peak XV, vote to remove CEO Byju Raveendran; Byju's questions the legitimacy of the investors' actions
Manish Singh / TechCrunch :
Byju's says investors do not have voting rights to remove Byju Raveendran, after calls for the removal of the CEO and his family from top roles at the group
Manish Singh / TechCrunch :
Byju's CFO Ajay Goel resigns after six months as the edtech continues to delay its FY 2022 earnings; Byju's President of Finance takes over on October 30
Bloomberg :
Representatives of Prosus and Peak XV, formerly Sequoia India, resign from Byju's board; Deloitte quit as Byju's auditor over its delayed financial reporting
Manish Singh / TechCrunch :
Sources: Byju's plans to layoff about 12,000 people, or nearly 25% of its workforce, over the next year; Byju's denies the number of job cuts is more than 2,500
$22B India-based Byju's — that may have taken advantage of pandemic trends and easy funding to grow far faster than ongoing market demand. https://twitter.com/... @morningcontext : “I am not surprised...
Indian edtech giant Byju's plans to lay off 5% of its workforce, or around 2,500 people, in a bid to achieve profitability by 2023
Manish Singh / TechCrunch :
Sources: Byju's laid off 1,500+ staff from Toppr and WhiteHat Jr, companies it acquired over the past two years, and nearly 1,000 from its core operations teams
Moneycontrol :
Interview with Byju Raveendran and Divya Gokulnath, founders of Indian edtech giant Byju's, on launching in the US, teaching kids to become self-learners, more
Rod Berger / Forbes : Thanks: @vscpr