Arjun Mohan News Today

Reflecting on the differences between BYJU's and other well-governed organisations, Mohan emphasised the importance of a functioning and diverse board.

NCLT issues notices to Byju's parent company over non-payment of dues, multiple insolvency pleas filed against the edtech giant.

NCLT has issued three notices to Byjus for non-payment of dues to creditors.

Former BYJU'S employees unite to demand unpaid dues, plan to take company to NCLT amid financial turmoil.

Happy Monday! UPIs ease of use is driving a shift to cashless payments, leaving debit cards behind. This and more in todays ETtech Morning Dispatch.

Byju's faces advisory board changes amid setbacks, with Rajnish Kumar and Mohandas Pai not renewing contracts.

Both Mohandas Pai and Rajnish Kumar had joined the advisory council after the edtechs investors–Peak XV Partners, Prosus and Chan Zuckerberg Initiative–left the board of the company last year

This comes a day after Moneycontrol reported that the cash-strapped edtech company has rolled out a new policy linking sales staff’s salaries to the revenue they generate every week.

Struggling with internal restructuring and a lack of funding, embattled edtech behemoth Byju's is still going through rough times. The company just implemented a new policy that links the salary of its sales team to the amount of income they bring in each week.

Byju’s said that the base salaries for sales team associates will be “suspended temporarily” during this period.