BYJU’S On The Verge Of A Turnaround, Investors Ready To Back The Company: Byju Raveendran
Written by: Planify
Published: 20 August 2024
Updated: 22 August 2024
1 min read
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.
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