Prosus alleges Indian edtech Byju's disregarded governance advice

Tech investor's charges come as company negotiates loan terms and seeks new cash

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Tech investor Prosus owns about a 9% stake in Byju's. © Reuters

SAYAN CHAKRABORTY, Nikkei staff writer

BENGALURU -- Prosus, an investor in Indian online education startup Byju's, on Tuesday alleged that the company "regularly disregarded" its advice on a host of matters including corporate governance, prompting its executive Russell Dreisenstock to resign from Byju's board.

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