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April 9, 2024, 01:11 PM - 2 min read
Mehrotra brings with him a wealth of experience, having served as the Managing Director at Ashirvad Pipes and held key positions at renowned companies such as Pearson India, Bharti Airtel, Coca-Cola, and Asian Paints.
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March 29, 2024, 01:30 PM - 2 min read
Byju's held the EGM (extra-ordinary general meeting) to increase authorised share capital of the company to complete the process for raising USD 200 million through rights issue.
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March 2, 2024, 05:14 PM - 2 min read
In a heartfelt letter addressed to the staff, Raveendran expressed his regret, stating that despite the successful closure of the rights issue initiated a month ago, the company remains incapable of processing employee salaries. "This was supposed to be a happy correspondence. After all, we now have funds to meet our short-term needs and clear our liabilities. However, I regret to inform you that we will still be unable to process your salaries," he conveyed.
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February 23, 2024, 06:59 PM - 2 min read
Byju’s, founded in 2015 by Byju Raveendran, faced resolutions seeking his ousting from both the CEO position and the company’s board, which were ultimately rejected by Byju’s management.
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February 8, 2024, 07:52 PM - 2 min read
The transition from $22 billion valuation to navigating through financial strains and corporate upheavals has been a journey fraught with severe challenges.
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