Investors leaving board was biggest setback; Byju's now worth zero: founder Raveendran
Posted on: 17 Oct, 06:42 PM
The founder of the once-most-valued Indian startup said investors threw Byjus under the bus at the first sign of crisis. While sounding optimistic about a turnaround, Raveendran said the edtech had taken the best decision in the world when it took the Term Loan B (TLB), which was the easiest capital. However, it turned out to be the most expensive one, he rued.