Big setback for BYJU’s as the auditing firm Deloitte and three board members resign their positions.


On Thursday, June 22, three board members of education technology startup Byju’s announced their resignations. There have been reports indicating that GV Ravishankar of Peak XV Partners, Russell Dreisenstock of Prosus, and Vivian Wu of the Chan Zuckerberg Initiative have all resigned from their positions of responsibility on the board. CEO Byju Raveendran, his wife … Read more

Bengaluru ED inspections on Byju’s offices for FEMA violations


In addition, the report states that ED has seized numerous incriminating documents and digital data. The Enforcement Directorate (ED) conducted searches at the office of Byju Raveendran, chief executive officer of the Bengaluru-based ed-tech company BYJU’s, for allegedly violating foreign funding laws. According to the report, the ED conducted searches of two commercial properties and … Read more