BENGALURU -- Investors in Indian online education startup Byju's voted Friday in favor of ousting its founder and his family from the board, widening a rift between the two factions amid an acute cash crunch and mounting losses at a company that was once India's most valuable startup.
Startups
Once India's most valuable startup, Byju's staring at founder exit
Investors vote to oust founder and family from board, alleging mismanagement
Byju's investors, holding a combined stake of about 60%, voted in favor of expelling founder Byju Raveendran from the board. © Reuters
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