BYJU’s CEO Discusses Contingency Funding Options Amid Financial Troubles

  • During a company town hall, BYJU’S co-founder and CEO, Byju Raveendran confirmed they are in talks with investors for a new equity funding round.
  • He indicated that should this round fail, the edtech firm would consider liquidating non-core assets to raise capital.
  • Despite facing recent challenges, including high-profile resignations and legal struggles, Raveendran reassured employees that several of the company’s key verticals are profitable or nearing profitability.
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