Their one-year tenure ends on June 30, and they plan to exit the advisory panel. Kumar and Pai informed Byju’s founder, Byju Raveendran, of their decision, according to a report by livemint.com. advertisementThe duo was part of an advisory panel created to reassure investors concerned about Byju’s future amid its mounting legal issues. The advisory panel aimed to help Byju’s with financial disclosures, rebuilding the team, and improving communication with shareholders. Kumar and Pai also released a statement on Sunday evening, explaining that the decision not to continue was mutually decided.

Source: Mint May 20, 2024 09:55 UTC