Byju s has finally paid part employee salaries for March after multiple delays techstory.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from techstory.in Daily Mail and Mail on Sunday newspapers.
Byju Raveendran has created something very remarkable with the adventure that Byju's has taken on. The edtech behemoth, which started out small but has since transformed the education sector, is presently the most valuable company in India.
Byju’s, once hailed as one of India’s most successful startups, now finds itself in a tangled mess of layoffs, key investors pulling out, ED raids, and legal battles.
Swiggy’s valuation was cut by Invesco, BYJU’S valuation was slashed by BlackRock, and Meesho’s valuation was reduced by Fidelity Investments. This cutback is also going to impact the value of the ESOPs employees at these startups are entitled to.