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Byju’s founder informed employees he plans to challenge what he termed as ‘illegal and prejudicial actions’ by a “small group of select minority shareholders” ....
"We are deeply concerned about the future stability of the Company under its current leadership and with the current constitution of the Board," the shareholders said in the statement. ....
Byju’s is looking to raise up to $400 million-$500 million from US-based kids' learning platform Epic it acquired in May 2022 for about $500 million, as per reports. ....