More than 60 per cent of shareholders of edutech Byju’s on Friday voted for removal of founder CEO Byju Raveendran and his family over alleged “mismanagement and failures” at what was once India’s hottest tech startup, but the company dug in its heels, calling the voting done in the absence of founders as “invalid”. 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.
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