Byju Raveendran, Divya Gokulnath outline future plans, deny wrongdoing amid legal troubles

Byju Raveendran, founder and CEO of embattled edtech giant Byju’s, has spoken out about the company’s turbulent journey, acknowledging past mistakes while outlining a vision for the future. Speaking to ANI alongside cofounder Divya Gokulnath, Raveendran defended the company’s actions and criticised what he called a false narrative against Byju’s.

Key takeaways

On the $1.2 billion term loan

Raveendran admitted that taking the $1.2 billion term loan in 2021 was a mistake, particularly given the availability of equity options at the time.

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