India, March 4 -- Byju's issues another public notice in two days, as it battles financial and governance issues. The edtech giant that was once valued at $22 billion is now worth around $8.4 billion. Byju's has a $1.2 billion loan repayment issue that is putting immense pressure on the company. Also, Byju's is locked in a legal battle with investors over a blocked rights issue and allegations of mismanagement which is further complicating its recovery. Byju's recent public notices seem to be an attempt to rebuild trust with investors, employees and stakeholders. Read further to know complete details.

Byju's aggressive expansion strategy involves high profile acquisitions like Aakash Educational Services and Great Learning has put tremen...