Investors have no voting rights on CEO change: BYJU S thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
The troubled startup has been struggling at several fronts. It missed the revenue target for financial year 2022 and struggling to raise fresh funds, , startup, funding, BYJU s, CEO change, investors
The development follows a communication Byju’s sent to its employees in December, assuring that the salaries will be credited the first day of every month
At least six BYJU's investors have called for an Extraordinary General Meeting to address issues at the edtech major and oust founders from having control over the firm
Buckle up for the wild ride that Byju's, India's edtech powerhouse, is currently on. In a twist of fate, the company finds itself juggling delayed salaries, a hefty devaluation, and a rebellion from its very own investors.