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Byju’s woes worsen: Rajnish Kumar, Mohandas Pai to step down from advisory panel

Livemint · 11m

Rajnish Kumar and T.V. Mohandas Pai, members of the advisory panel for Think & Learn Pvt. Ltd, the parent company of Byju's, will not be extending their tenure beyond 30 June. This comes as Byju's faces legal cases and financial challenges, with creditors and shareholders calling for the founder to be ousted. Byju's had established the advisory panel to address these concerns and work on improving communication with shareholders. The departure of Kumar and Pai is seen as a setback for Byju's, which has already seen its valuation slashed and investors write off their investment.