Byju’s Founder Pledges Personal Residence Amidst Company Crisis
Byju’s, the formerly prosperous edtech behemoth established by Byju Ravindran, has recently become enmeshed in a web of financial difficulties. The situation has apparently deteriorated to the point that Ravindran has put two of his Bangalore homes as security for a $12 million loan. This action follows the company’s apparent liquidity difficulties, with sources claiming … Read more