Did Byju’s bite off more than it can chew?
Byju Raveendran, the founder and CEO of India’s highest valued start-up Byju’s, will be relieved that the past six months are behind him and his company. In an interview he gave to Business Standard after revealing his company’s FY21 financials, Raveendran said that now, the company was prepared. Asserting that this kind of thing happens only once, he said the edtech giant was strengthening the finance function and would hire a global CFO soon.
Raveendran also said the company is now prepared not only for the next year but also to live the life of a public company, whenever it decides to cross that bridge.