Blog
Planify news
BYJU’S On The Verge Of A Turnaround, Investors Ready To Back The Company: Byju Raveendran
  • BYJU’S On The Verge Of A Turnaround, Investors Ready To Back The Company: Byju Raveendran

    20 August 2024

    In an email sent to BYJU’S employees, Raveendran said the company is on the brink of reversing the negative business cycle that began two years ago and ready to launch BYJU'S 3.0.

    The founder and CEO also claimed that the founders infused approximately INR 7,500 Cr in the company for various operational needs over the past 29 months.

    Raveendran said that BYJU’S failed to clear the salaries of the employees for the month of July 2024 and once again blamed its lenders for it.

    Image

    Stay Connected, Stay Informed –

    Join Our

    WhatsApp

    Channel!

    Don’t miss out on exclusive updates, market trends, and real-time investment opportunities. Be the first to know about the latest unlisted stocks, IPO announcements, and curated Fact Sheets, delivered straight to your WhatsApp.