According to the company, the council will play a pivotal role in advising and mentoring BYJU'S board and CEO Raveendran, on crucial matters that shape the company's future
With uFaber striving to broaden its reach and offerings, the funding will advance its expansion ambitions, including increased system capacity, improved technology, and a larger team
The newly secured funds will be utilized to drive growth by launching additional learning programs and investing in content development, marketing, and technology
On Saturday Enforcement Directorate (ED) revealed that it had conducted searches at the premises linked to the edtech major's parent entity, Think & Learn
Byju's chief also claimed that the company had previously submitted all the information requested on FDI raised, overseas investments made, and cross-border transactions relating to marketing and branding to the concerned authority
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The fund raised will be used to develop and launch new training programs, scale the omnichannel training platform infrastructure and content in vernacular languages along with developing new features to further increase learning outcomes for students
The fund raised will help the company build its product offering and strengthen the AI product
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