:Two top investors in Byju's confirmed on Friday that their representatives had resigned from the board of the once high-flying Indian startup, which has been battling pressure from lenders amid a steep drop in its valuation.The resignations of GV Ravishankar of Peak XV Partners, earlier Sequoia Capital India
:Two top investors in Byju's confirmed on Friday that their representatives had resigned from the board of the once high-flying Indian startup, which has been battling pressure from lenders amid a steep drop in its valuation.
"We are committed to supporting the company for bringing on board an independent director in order to strengthen business processes and internal control mechanisms," Peak XV Partners said in a statement to Reuters.
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Peak XV Partners, Prosus confirm resignation of Byju's board membersTwo investors in Byju's confirmed on Friday that their representatives had resigned from the Indian startup's board, a move that comes amid a turmoil at the once high-flying edtech company.The resignations of GV Ravishankar of Peak XV Partners, earlier Sequoia Capital India, and Russell Dreisenstock of Pr
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