Byju’s investors file oppression, mismanagement suit against co-founder Raveendran, others

NEW DELHI: A group of four investors of Byju’s has filed an oppression and mismanagement suit against the management of the company before the Bengaluru bench of the NCLT, seeking declaring of founders, including CEO Byju Raveendran, as unfit to run the company, and appointing a new board.

Besides, the suit has sought declaring the just concluded rights issue as void.