Byju's reveals $1 bn loss at its virtual Annual General Meeting
Byju's, a major player in the industry finds itself grappling with a challenge. The facts concerning this challenge were disclosed during the virtual annual general meeting on Wednesday i.e. December 20th where consolidated losses of nearly Rs 8,300 crore ($1 billion) and a cash loss estimated between Rs 3,800-4,000 crore in FY22 were revealed.
Source: techstory.in