BYJU'S top investors insist on conditions for capital injection: Report

BYJU'S top investors insist on conditions for capital injection: Report

FILE PHOTO: Advertising hoardings of Byju's, an education technology company and one of India's biggest startups, pictured outside a branch in New Delhi, India, June 23, 2023. REUTERS/Adnan Abidi/File Photo

Top shareholders at BYJU’S have demanded that the company meet certain conditions such as founder Byju Raveendran loosening his day-to-day control over operations before they consider any future capital infusion into the struggling edtech firm, The Economic Times reported on Wednesday.

Edited by: Joymitra Rai