Over 75% investors have never started or run companies: Mohandas Pai

Beleaguered ed-tech firm Byju’s just took another hit. Mohandas Pai and Rajnish Kumar, who joined the board advisory council last year to guide the crisis-ridden firm, have stepped down. Their exit underscores the ongoing feud between founder Byju Ravindran and the investors, with no peace treaty in sight. Of late, investors like Peak XV Partners, General Atlantic, Chan-Zuckerberg Initiative, and Prosus have accused the company of misusing funds