- Byju Raveendran, the co-founder of Byju’s, reassures employees the edtech firm will overcome its current ‘struggles’ and is close to profitability.
- Raveendran addressed concerns over the Term Loan B dispute and the resignation of auditing firm Deloitte and three board members, stating that departures were amicable without affecting the firm’s growth plans.
- Despite these issues and a value cut by its largest stakeholder, Prosus, Raveendran stands optimistic, describing edtech as a ‘permanent fixture in education’.
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