Prosus and Sequoia confirm execs resignation from Byju’s board
https://techcrunch.com/2023/06/23/prosus-and-sequoia-confirm-execs-resignation-from-byjus-board/
Prosus and Peak XV Partners confirmed Friday evening that their representatives have resigned from the board of Byju’s, India’s most valuable startup, that is also reeling from the departure of its auditor Deloitte this week.
The board members’ resignations — which Byju’s vehemently denied on Thursday — came shortly after global auditing giant Deloitte told the Bengaluru-headquartered startup’s board that it was resigning from the role. Deloitte, which was slated to work with Byju’s until 2025, said that the edtech giant had failed to hand over financial results for the year ended March 2022.