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Byju Raveendran Bares It All

For the first time since BYJU’S was thrust into turmoil three years ago, cofounder Byju Raveendran has publicly broken his silence on what transpired at the company. From receiving threats to alleging a conspiracy to oust him, he had much to speak about. 

Raveendran’s Biggest Regret: In a damning confession, the BYJU’S cofounder conceded that his biggest regret was taking the $1.2 Bn term loan B (TLB) in 2021, despite having sufficient equity funding options. He explained that aggressive hedge funds bought…



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BYJU’S Vs Lenders, New-Age Tech Stocks Rebound & More


Byju Raveendran Bares It All

For the first time since BYJU’S was thrust into turmoil three years ago, cofounder Byju Raveendran has publicly broken his silence on what transpired at the company. From receiving threats to alleging a conspiracy to oust him, he had much to speak about. 

Raveendran’s Biggest Regret: In a damning confession, the BYJU’S cofounder conceded that his biggest regret was taking the $1.2 Bn term loan B (TLB) in 2021, despite having sufficient equity funding options. He explained that aggressive hedge funds bought…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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