Byju's CEO Raveendran expressed concerns over the company's inability to pay employees' salaries due to investors blocking the funds in a separate account. The company faced a controversy regarding a rights issue aimed at raising emergency funding.

Think and Learn Pvt Ltd operates BYJU’S, one of the largest ed-tech companies in India. It offers educational content and technology to students through an innovative platform. The company gained prominence during the pandemic for its online learning solutions. However, it is currently facing insolvency challenges.

byjus.com

Abu Dhabi, Abu Dhabi Emirate, United Arab Emirates

Byju's facing financial crisis as investors block funding, CEO Raveendran unable to pay workers' salaries

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Byju's facing financial crisis as investors block funding, CEO Raveendran unable to pay workers' salaries

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