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Byju’s Investors Confirm Two Board Members’ Resignations

Byju Said to Lay Off Between 500-1,000 Employees in Another Round of Job Cuts

Two top investors in Byju’s confirmed on Friday that their representatives had resigned from the board of the once high-flying Indian startup, which has been battling pressure from lenders amid a steep drop in its valuation.

The resignations of GV Ravishankar of Peak XV Partners, earlier Sequoia Capital India, and Russell Dreisenstock of Prosus could exacerbate troubles at Byju’s, which was valued at $22 billion…


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