[Update] BYJU’S In Talks With Investors To Reconsider Decision To Quit Board
[Update] BYJU’S In Talks With Investors To Reconsider Decision To Quit Board

[Update] BYJU’S In Talks With Investors To Reconsider Decision To Quit Board

SUMMARY

The leadership team of BYJU’S is in talks with the investors and trying to convince them to reverse their decision to step down from the board

On Thursday, Inc42 reported that representatives of Peak XV Partners, Prosus, and Chan Zuckerberg Initiative resigned from the board of BYJU’S

Amid mounting troubles, Deloitte also resigned as the statutory auditor of the edtech giant due to the delay in releasing the financial statements for FY22

Update | June 23, 22:20 PM

A day after Inc42 reported about BYJU’SBYJU’S Datalabs_in-article-icon three board members, including GV Ravishankar, MD of Peak XV Partners, resigning from its board, the VC firm has confirmed the report.

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