Explainer: Byju’s battles auditor criticism, board exits
By
Biju Kumar
Education technology giant Byju’s, one of India’s biggest startups valued at $22 billion last year, has run into problems, from lawsuits and auditing issues to layoffs and board-room exits.
In a major setback for a company often described as one of India’s most successful startups, its auditor, Deloitte, has quit, throwing a spotlight on its financials and business practices.