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Byju’s is yet to pay the remaining part of the salaries for February and March. New Delhi: Embattled edtech platform Byju’s has paid full salary for April to employees in all functions, except sales staff, even as the company faces a liquidity crisis. According to IANS sources, the Edtech firm paid the full amount to…
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Byju’s new policy is applicable to sales teams, including Inside Sales (IS) and Byju’s Exam Prep teams New Delhi: Embattled edtech platform Byju’s, which is finding it difficult to pay full salaries amid severe cash crunch, has now linked sales employees’ pay to weekly revenue generation. The new company policy is currently applicable to sales…
Read More “Amid Byju’s Money Crunch, Employees’ Salaries Linked To Weekly Earnings: Report” »
Byju Raveendran featured on the Forbes Billionaires list last year. (File) New Delhi: Byju Raveendran’s net worth a year ago was Rs 17,545 crore ($2.1 billion) and he featured in several prestigious ‘globe’s richest’ lists. However, according to the recently released Forbes Billionaire Index 2024, Mr Raveendran’s net worth has fallen to zero. This sharp…
Read More “Byju Raveendran’s Net Worth Was Rs 17,545 Crore A Year Ago. Today It Is…” »
An IHOP diner in the Little Havana district of Miami, Florida. (File) One of India’s hottest tech companies, Byju’s, allegedly hid $533 million in an obscure three-year-old hedge fund that once said its principal place of business was an IHOP pancake restaurant in Miami, according to lenders trying to recover the cash. Byju’s last year…
