Byju Raveendran speaks to employees, says company will overcome 'struggles'

INSUBCONTINENT EXCLUSIVE:
Byju Raveendran, co-founder of edtech giant Byju's Byju Raveendran, co-founder of edtech giant Byju's, on Thursday told employees the
townhall, addressing them for the first time about problems like a loan dispute and the resignation of auditor Deloitte and three board
But we will be out soon
Raveendran also gave projections for the global and Indian edtech markets. The company is now much better in terms of performance compared
to a few months back
departures of three board members are unrelated to Deloitte's resignation
He assured that their exit was amicable and carried out with mutual understanding
The company is already battling lenders in the US courts. Prosus, Byju's largest stakeholder, on Tuesday slashed the value of the edtech
company to $5.1 billion.First Published: Jun 29 2023 | 3:41 PMIST