Byju’s CEO Raveendran Admits mistakes, assures quick resolution, CFO Ajay Goel offers deadlines for closing audits at shareholder meet: Reports
Shortpedia
Content Team
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Home-grown Ed-tech giant Byju's has recently assured its stakeholders of a near resolution of its tough situation. The company has been in a very tight spot following a $1.2 billion loan repayment issue, as well as the resignation of all of its non-family board members. The company is also reportedly having rounds of mass layoffs in order to achieve higher profits.
