Byju's Crisis Deepens: Top Advisors Rajnish Kumar and Mohandas Pai Step Down

2024 • 2min • News • Business


Published On: May 18, 2024 - Byju’s mess continues – getting messier by the day. In the latest turn of events, Rajnish Kumar and Mohandas Pai are stepping down from Byju's advisory council. The troubled edtech giant announced on Sunday that both Kumar and Pai have mutually agreed not to renew their contracts, which are set to expire on June 30, 2024. Their departure comes after a series of board exits and financial woes that pushed the company into legal battles. Byju's had set up this advisory council just last year to calm investor worries after the company faced several financial and corporate governance issues.