Byju’s Raveendran proposes share offer olive branch to warring investors

Byju’s Raveendran proposes share offer olive branch to warring investors

NEW DELHI: Byju Raveendran, the founder of the troubled edtech giant Byju’s, has reached out to disgruntled investors in a bid to reconcile, announcing a board consideration of an offer on renounced shares. This move aims to address investor concerns over dilution of their stakes following a rights issue that significantly reduced the Indian startup’s … Read more