Shareholders approved rights issue to tackle cash crunch: Byju's
Earlier in the day, the company announced that Arjun Mohan, who was elevated as the embattled edtech firm's CEO some seven months back, has moved on to pursue other opportunities. Raveendran will now take a more hands-on approach in spearheading the daily operations of the company.
The culmination of the rights issue will set the stage for the launch of Byju's 3.0. Image: IANS