Byjus’s Shareholder Prosus Cites Poor Corporate Governance For Board Exit

Prosus, a major investor in Byju's, expressed dissatisfaction with the edtech company's reporting and governance practices. This comes a month after key investors resigned from Byju's board. In a scathing statement, Prosus criticized Byju's for not adequately evolving its structures for a company of its size and ignoring advice from Prosus' director despite multiple attempts to provide guidance