Will continue as CEO of Byju’s, EGM a farce: Raveendran tells employees

Byju Raveendran, the Chief Executive Officer (CEO) and founder of Byju’s told employees that he continues to be the CEO of the edtech firm, the management remains unchanged, and the board remains the same.

Raveendran’s reaching out to the employees, comes a day after investors of Byju’s, during the extraordinary general meeting (EGM) on Friday, voted and passed resolutions including removing Raveendran as CEO. They passed resolutions to change the board, which included Raveendran’s wife and co-founder, Divya Gokulnath, and his brother Riju Ravindran.