Second Byju’s auditor exits in a year amid bankruptcy proceedings

BDO, the auditor for Indian edtech startup Byju’s, has resigned with immediate effect, marking the second auditor departure for the embattled startup in about a year and further intensifying concerns about its financial health and governance. In a scathing resignation letter, BDO subsidiary MSKA highlighted multiple issues with Byju’s, including significant delays in financial reporting, […] © 2024 TechCrunch. All rights reserved. For personal use only.

Sep 7, 2024 - 09:30

0 6

Second Byju’s auditor exits in a year amid bankruptcy proceedings

BDO, the auditor for Indian edtech startup Byju’s, has resigned with immediate effect, marking the second auditor departure for the embattled startup in about a year and further intensifying concerns about its financial health and governance. In a scathing resignation letter, BDO subsidiary MSKA highlighted multiple issues with Byju’s, including significant delays in financial reporting, […]