byju s: Edtech firm Byju’s making up shortfall to EPFO: report
India’s Employees Provident Fund Organisation observed a shortfall in Indian edtech startup Byju’s from August last year to May 2023, labour ministry sources told Reuters on Tuesday.
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The company deposited 1.23 billion rupees ($15.01 million) after the EPFO issued a direction, the sources said.
They said the remaining balance of 34.3 million rupees would be deposited within a couple of days.
Reuters has contacted the company for comment.
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India’s Employees Provident Fund Organisation observed a shortfall in Indian edtech startup Byju’s from August last year to May 2023, labour ministry sources told Reuters on Tuesday.
![]()
The company deposited 1.23 billion rupees ($15.01 million) after the EPFO issued a direction, the sources said.
They said the remaining balance of 34.3 million rupees would be deposited within a couple of days.
Reuters has contacted the company for comment.
Discover the stories of your interest
Stay on top of technology and startup news that matters. Subscribe to our daily newsletter for the latest and must-read tech news, delivered straight to your inbox.
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