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Byju's Financial Crisis: Edtech Platform Links Sales Employees' Salaries to Weekly Revenue Generation Amid Cash Crunch

The new company policy is currently applicable to sales teams, including the Inside Sales (IS) and Byju’s Exam Prep (BEP) teams, according to an internal company document. Byju’s did not immediately comment on the new policy. Byju’s Financial Crisis: Edtech Platform Links Sales Employees’ Salaries to Weekly Revenue Generation Amid Cash Crunch. ....

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Byju's posts FY22 result after 22-month delay, net loss balloons to Rs 8,245 crore

Byju s consolidated revenue jumped 118 percent from Rs 2,428 crore in FY21 to Rs 5,298 crore in FY22 ....

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Indian startup once valued over Rs 165924 crore, partnered with Messi, now worth just Rs…

According to reports, Byju’s needs at least Rs 500-Rs 600 crore to pay off dues of employees and vendors. ....

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byjus fy22 results: Byju's files FY22 financials, core biz revenue at Rs 3,569 crore

The earnings before interest, taxes, depreciation, and amortisation-based loss of the core business was down from Rs 2,406 crore to Rs 2,253 crore in FY22, as per a statement from the company. ....

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Byju's FY21 losses surge 20 times after change in revenue, know details

The company released unaudited results that show nearly Rs 10,000 crore in gross revenues, raising hopes for the following year, 2021–2022. ....

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