Edtech giant Byju's faces mounting troubles with auditor and board member exits, government probe

India's Byju's, the world's most valuable edtech startup, lost both its auditor and three board members, adding to a series of challenges for the company.
Byju's parent company failed to file financial results for the last fiscal year, prompting the auditor Deloitte to resign.
The Indian government has launched an investigation into Byju's over unspecified "corporate governance lapses."
Byju's recently announced plans to cut about 1,000 jobs and is battling its lenders in court over a $1.2 billion loan.
Investors have slashed Byju's valuation amid the company's struggles, dropping it nearly two-thirds to $8.4 billion in March.