Byju’s founder and CEO Bayju Rabindran has made a big statement, dismissing the allegations of calling a fugitive. He said that American lenders are plotting to tarnish the image of the company and to control the company. According to Ravindran, these lenders have tried to eliminate the value of the company in front of stakeholders, investors and employees. Regarding the 22 billion dollar valuations byju’s at one time, he said that tarnishing the image of him and his brother directly affects the company’s valuation. At the same time, he also clarified that byju’s is completely established in India, earning from here, tax filled and investment has also been made in India. Ravindran described these allegations as part of biased and false stories, which are coined with the intention of harming their company.
Byju`s Accused of Being a Fugitive, Startup Goes Bankrupt | Paisa Live | Byju`s accused of being fugitive, pauper Startup
