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Byju's shareholder Peak XV says lack of transparency prompted board exit

Peak XV Partners writes to LPs to clarify GV Ravishankar’s reason to step down from Byju’s board, cites lack of transparency as reason for his exit. Peak XV told LPs that Ravishankar wasn’t able to discharge his fiduciary duties as an investor and a board member ....

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byju's term loan amendment: Byju's, lenders agree to amend $1.2 billion term loan by August 3

A formal agreement with lenders is of considerable significance for Byjus as its differences with the former over the $1.2 billion TLB have emerged as a key pain point for the firm ....

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