India, May 19 -- Byju Raveendran Bares It All

For the first time since BYJU'S was thrust into turmoil three years ago, cofounder Byju Raveendran has publicly broken his silence on what transpired at the company. From receiving threats to alleging a conspiracy to oust him, he had much to speak about.

Raveendran's Biggest Regret: In a damning confession, the BYJU'S cofounder conceded that his biggest regret was taking the $1.2 Bn term loan B (TLB) in 2021, despite having sufficient equity funding options. He explained that aggressive hedge funds bought the loan and sped up its repayment, which wasn't due until November 2026.

Allegations Run Amok: Alongside claims of external pressures and internal errors, cofounder Divya Gokulnath also d...