Speaking to PTI, Mehrotra also said that digital alone can't meet aspirations of medical and engineering students looking to get into premium institutions, and it is important to address requirement of new learners.
New Delhi, Feb 24 (PTI) A day after investors of the troubled edtech firm Byju's voted for a leadership change, Byju Raveendran has penned a note to employees saying he continues to remain CEO and the management remains unchanged, as he dubbed Friday's EGM as a farce.
After the edtech firm, Byju s announced to raise funds at a 99% lower valuation in the range of USD 220-250 million than its previous issue, Byju Raveendran, penned an emotional letter to the company shareholders explaining the necessity of the capital raise
Two homes owned by the former billionaire’s family in Bengaluru, in southern India, and his under-construction villa in Epsilon a plush gated community in the city were offered as collateral to borrow $12 million, the people said, asking not to be named as the information is not public.