Byju'S: Byju's clears part salaries - Edtech startup Think & Learn | Delhi News
Byju’s, the edtech startup, has cleared part salaries of employees while facing financial constraints
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Byju’s, the edtech startup, has cleared part salaries of employees while facing financial constraints
NCLT gives Byjus three weeks to respond to US lenders petition; seeks response to BCCI plea as well
Byjus investors are reconciled to his acquisition of 40% in Aakash, the people said, adding that the Manipal Education and Medical Group chairman has also invested an additional Rs 250 crore as working capital and to pay salaries.
Founder CEO Raveendran Byju, his wife and brother - the only three members on company board as of now - stayed away from the extraordinary general meeting (EGM) called by a group of six investors, who collectively hold more than 32 per cent in Think & Learn (T&L), the firm that operates online tution platform Byju’s.
India News: Investors in Think & Learn, the parent company of Byju's, are seeking to remove founder Byju Raveendran as CEO and restructure the board. This comes a