Sun, Sep 08, 2024
The Extraordinary General Meeting (EGM) of Byju’s earlier this week witnessed significant discord and boycotts from its stakeholders, resulting in a vote to remove the company's founder – Byju Raveendran – from the position of chief executive officer. The development, led by two key stakeholders – Prosus NV and Peak XV Partners, signals an escalation in the ongoing dispute regarding the future trajectory of the once-prominent online tutoring platform.
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