Investors may remain cautious for a while but opportunity, market remains huge
Byju’s, which was last valued at $22 billion and counts China’s Tencent and US hedge fund Tiger Global among its investors, has been battling multiple issues for a while now
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Soon after news of Deloitte resigning as Byju’s statutory auditor and three board members also putting in their papers came to the fore, Arindam Paul, founder of fan manufacturer Atomberg Tech, tweeted, “Was very sad to see what is happening at Byju’s today.”