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Byju's shareholders: Read the full text of Byju Raveendran's letter to shareholders on rights issue, board restructuring

Raveendran reiterated in his note that a few vested interests are acting against the company at a time when it is facing a severe cash crunch. “ I refuse to let the self-serving actions of a few individuals cloud my judgment and pollute our relationship,” he said. ....

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Byju's rights issue to raise 200 million dollars fully subscribed

The company, valued at $22 billion in its last financing round in early 2022, announced last month that it would raise approximately $200 million through a rights issue.

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Ahead of EGM to oust CEO Raveendran: Byju's $200 million rights issue fully subscribed, offers to restructure board | Business News

Raveendran said he personally put in $1.1 billion in the company over the last two years to pay salaries and maintain operations ....

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byjus rights issue: Read the full text of Byju Raveendran's letter to shareholders on rights issue, board restructuring

Byju Raveendran informs shareholders that the $200 million rights issue is fully subscribed, emphasizes the importance of all shareholders participating, and assures transparency in fund usage. He expresses faith in the company s resilience and commitment to creating shareholder value. ....

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To Cut Cost, a controversial Edtech Startup Byjus empties 4 Lakh Sq Ft office space

Bangalore based Edtech giant Byju’s is cutting down various expenses and reportedly has vacated a. ....

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