Byju’s endorsement deal with Shah Rukh Khan may not be renewed amid governance crisis

  • Indian edtech start-up Byju’s, in a governance crisis, may not renew its endorsement deal with Bollywood actor Shah Rukh Khan.
  • Byju’s also lost its board members and major investors including Peak XV, Prosus NV, and the Chan-Zuckerberg Initiative, with its auditing firm Deloitte severing ties.
  • Byju’s was replaced by fantasy sports platform Dream11 as Team India’s lead sponsor; CEO Byju Raveendran remains optimistic about the company’s future.
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