Byjus: Byju’s executive leadership ‘regularly disregarded’ advice and recommendations: Prosus explains why its representative quit startup’s board – Times of India

[ad_1] NEW DELHI: Trouble continues to mount for Byju’s. A month after the firm’s investor Prosus confirmed the resignation of its representative Russell Dreisenstock from the board of the startup, the Netherlands-based technology investor on Tuesday said that the executive leadership at Byju’s regularly “disregarded” Dreisenstock’s advice and recommendations relating to strategic, operational, legal and … Read more

Mohandas Pai, former SBI chair, to join Byju’s advisory council – Times of India

[ad_1] BENGALURU: Early Byju‘s investor Mohandas Pai and former State Bank of India chairman Rajnish Kumar will join a council aimed at addressing corporate governance issues at the edtech startup roiled by government scrutiny and a spate of high-profile resignations.The council will mentor Byju’s board and its CEO Byju Raveendran on crucial matters, the company … Read more

BYJU’s To File 2022 Earnings By September, Company Informs Investor Amid Resignations

[ad_1] New Delhi: Indian education technology giant Byju’s, which lost its auditor after delaying financial statements, has told investors it will file 2022 audited earnings by September and 2023 results by December, a person with direct knowledge of the matter said. Deloitte said on Thursday it was severing ties with Byju’s, one of India’s most successful startups, over its … Read more

Byju’s Founder Raveendran Writes To Employees On ED Searches

[ad_1] New Delhi: Byju’s Founder Byju Raveendran on Sunday informed his employees through email on Sunday that he was fully cooperating with the authorities after the directorate of enforcement conducted searches on Byju’s premises. He said Byju had taken all efforts to fully comply with all the applicable foreign exchange laws. He wrote that Byju’s was … Read more