Tag: Byjus app

Byju’s Still Obligated To Repay Full Loan Amount, Say US Lenders

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Byju’s Still Obligated To Repay Full Loan Amount, Say US Lenders

BYJU’S has countered the allegation levelled by the lenders. (Representational) New Delhi: US lenders represented by Glas Trust have countered BYJU’s founder Byju Raveendran’s claim on verified debt on the company being merely around Rs 20 crore, and have said that the beleaguered edtech firm will have to pay the entire USD 1.2 billion Term…

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Byju’s Delays Salaries Again, Blames “Few Misguided Foreign Investors”

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Byju’s Delays Salaries Again, Blames “Few Misguided Foreign Investors”

Byju’s also sought to assure staff that it is following a parallel line of credit. (Representational) New Delhi: Embattled edtech company Byju’s has informed its employees that there will “again” be a delay in disbursement of salaries. Byju’s management in a communication to employees blamed the situation on an interim order obtained by “a few…

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