Byjus

Byju’s, India’s prominent but currently facing challenges, has reportedly failed to settle its monthly payments to data management platform providers used by its employees, leading these vendors to either halt or reduce their services to the edtech giant. According to a recent report, employees of Byju’s utilize customer relationship management (CRM) tools such as Leadsquared,…

Prosus NV, an investor in the educational startup Byjus, expressed its concerns about the company’s reporting and governance structure, stating that it did not adapt adequately to the scale of the company. Despite repeated efforts by Prosus’ former director, Byju’s management allegedly disregarded advice and recommendations regarding strategic, operational, legal, and corporate governance matters. As…