Byju's stake sale in Aakash blocked
Financial Express Mumbai|April 06, 2024
EDTECH STARTUP BYJU'S breached terms of loans worth $42 million and has been asked by an arbitrator not to sell some shares of a group firm, a confidential order showed, the latest setback for the company already battling allegations of mismanagement.
- ADITYA KALRA & ARPAN CHATURVEDI
Byju's stake sale in Aakash blocked

Byju's was the country's biggest startup until 2022 when it was valued at $22 billion, but has seen its fortunes dwindle amid an auditor exit, regulatory probes and calls from its investors to oust its CEO Byju Raveendran for mismanagement. The company, now valued at around $250 million, denies any wrongdoing.

この蚘事は Financial Express Mumbai の April 06, 2024 版に掲茉されおいたす。

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この蚘事は Financial Express Mumbai の April 06, 2024 版に掲茉されおいたす。

7 日間の Magzter GOLD 無料トラむアルを開始しお、䜕千もの厳遞されたプレミアム ストヌリヌ、9,000 以䞊の雑誌や新聞にアクセスしおください。

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