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Byju Raveendran pledges homes to raise funds for staff salaries - Vimarsana News

Byju Raveendran pledges homes to raise funds for staff salaries

Byju Raveendran, the founder of edtech titan Byju’s, has pledged his home as well as those owned by his family members to raise money for paying employees as the company battles a cash crunch, the report said

byju raveendran: Byju's founder Byju Raveendran pledges homes to raise funds for staff salaries - Vimarsana News

byju raveendran: Byju's founder Byju Raveendran pledges homes to raise funds for staff salaries

Two homes owned by the former billionaires family in Bengaluru, in southern India, and his under-construction villa in Epsilon — a plush gated community in the city — were offered as collateral to borrow $12 million

Byju's founder pledges homes to raise funds for staff salaries - Vimarsana News

Byju's founder pledges homes to raise funds for staff salaries

Two homes owned by the former billionaire’s family in Bengaluru, in southern India, and his under-construction villa in Epsilon — a plush gated community in the city — were offered as collateral to borrow $12 million, the people said, asking not to be named as the information is not public.

Byju's founder pledges homes worth Rs 100 cr to pay salaries to employees: Report - Vimarsana News

Byju's founder pledges homes worth Rs 100 cr to pay salaries to employees: Report

Two homes owned by Raveendran's family in Bengaluru and his under-construction villa in Epsilon — the most exclusive gated community in the city — were offered as collateral to borrow $12 million (approx Rs 100 crore)

Byju's calls AGM on Dec 20 to approve FY22 financials amid cash flow and debt concerns - Vimarsana News

Byju's calls AGM on Dec 20 to approve FY22 financials amid cash flow and debt concerns

Scheduled for December 20, the primary agenda of the meeting is to seek the approval of the audited financials for the fiscal year 2022.