Byju’s shareholders vote to remove founder Raveendran from CEO post; company calls vote invalid

Mumbai, ,23/2: More than 60 per cent of shareholders of edtech firm Byju’s on Friday voted for the removal of founder and CEO Byju Raveendran and his family over alleged “mismanagement and failures” at what was once India’s hottest tech startup.

Prosus – one of the six investors who had called the extraordinary general meeting (EGM) – in a statement said “shareholders unanimously passed all resolutions put forward for vote.