BYJU's India CEO Arjun Mohan exits; Raveendran to lead daily operations
BYJU'S also initiates consolidation of its businesses into three focused divisions - The Learning App, online classes & tuition centres, and test-prep
BYJU'S also initiates consolidation of its businesses into three focused divisions - The Learning App, online classes & tuition centres, and test-prep
Amid miffed shareholders aiming for his ouster in upcoming EGM, Raveendran tries to soothe nerves by promising to restructure board and appoint 2 non-executive directors
BYJU’s says the co. has not had any external investor funding for 2 years apart from founder infusing over $1 bn — a reason why it launched a $200 mn rights issue to quickly raise money