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Byju's salaries: Byju's arranges for alternative credit, begins March salary payouts

ET had reported on April 1 that Bengaluru-based Byju s delayed salaries for workers again as amid a severe cash crunch. ....

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Indian firm once valued over Rs 165924 crore struggles to pay salaries again, it is now…

The edtech company has mandated all its employees to work from home as it gives up office spaces across the country amid a severe cash crunch, barring those working at its offline tuition centres. ....

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Byju Raveendran: Byju's Holds Extraordinary General Meeting to Raise USD 200 Million - Here's What Happened Inside | Companies News

The meeting, which commenced at 10 am, saw the participation of approximately 20 investor representatives alongside Think & Learn management., Companies News - Times Now ....

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Byju's gets breather: NCLT allows EGM slated for March 29 amid $200 mn rights issue despite investor objections

Byju s, the beleaguered edtech giant, is seeing a glimmer of hope in its fight against a cash crunch. The NCLT has allowed the company to proceed with a crucial EGM scheduled for March 29. The EGM aims to increase Byju s authorised share capital, a necessary step for its $200 million rights issue. ....

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Byju's vacates all offices except HQ to cut costs, shifts to remote work, says report

This move is strategic and prompted by the edtech unicorn s ongoing liquidity concerns, arising from a dispute with investors regarding funds raised in a recently concluded rights issue offering, it added. ....

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