raveendran

Byju’s Raveendran proposes share offer olive branch to warring investors

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[ NEW DELHI: Byju Raveendran, the founder of the troubled edtech giant Byju’s, has reached out to disgruntled investors in a bid to reconcile, announcing a board consideration of an offer on renounced shares. This move aims to address investor concerns over dilution of their stakes following a rights issue that significantly reduced the Indian … Read more

Investors don’t have right to vote on CEO change: Byju’s

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[ MUMBAI: Even as major investors seek removal of Byju’s founder and group CEO Byju Raveendran from leadership position and reconstitution of the company’s board — which has pretty much been reduced to a family-run entity — Raveendran has given a clear indication that he is not going to step down from the top post. … Read more