Three key members of Byju’s have resigned from their roles at the Indian edtech giant, according to a media report, the latest in a series of headaches for the most valuable Indian startup. The Bengaluru-headquartered startup, however, refuted the report, saying it was “entirely speculative” and that it denies the claims.
GV Ravishankar of Peak XV Partners (formerly known as Sequoia India and Southeast Asia), Vivian Wu of Chan Zuckerberg Initiative, and Russell Dreisenstock of Prosus have stepped down from the board, Indian newspaper Economic Times reported Thursday.
“A recent media report suggesting the resignations of board members from BYJU’S is entirely speculative. Byju’s firmly denies these claims and urges media publications to refrain from spreading unverified information or engaging in baseless speculation,” a Byju’s spokesperson said in a statement Thursday.
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