Byju’s Battles: Founder Makes Bold Move to Bury the Hatchet

It’s been a tumultuous year for India’s once high-flying edtech leader Byju’s, but founder Byju Raveendran is taking a big risk in an attempt to turn the tide.

After months of acrimony, the embattled entrepreneur has extended an olive branch to disgruntled investors – but will it be enough to end the education giant’s bitter boardroom battles?

But make no mistake, this is no small compromise. Raveendran is taking a major political risk in extending the proverbial olive branch, given how bitterly relations have soured.

His critics have been scathing, accusing the company of poor governance and disregarding backer advice as losses mounted post-pandemic.

So why put his neck on the line now? For Raveendran, the motivations are clear – he’s fighting to save his dream.

Prosus and others resigned from the board citing “animosity”, and their legal actions aim straight at Byju’s jugular.