Byju Raveendran: Unable to process salaries because of investor dispute: Byju Raveendran to staff
Embattled edtech Byju’s founder Byju Raveendran told employees on Saturday that the company is still unable to process salaries, as it is unable to utilise the funds raised as part of the rights issue.In an internal memo, he blamed a select few investors, and added that the amount raised through the rights issue is locked in a separate account.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Professional Certificate in Product ManagementVisitIndian School of…