Byju's Paying Employee Salaries For May From "Collections": Report

Byju's has been struggling for months to pay salaries on time to its thousands of employees and clear their pending dues.

Embattled edtech company Byju's was expected to release salaries for the month of May for its employees on Monday, after several delays earlier owing to a severe cash crunch and mounting legal battles.

Sources close to the development told IANS that the salaries for May have been processed for employees and "will be credited today".

The salaries this time have been paid from the company's "collections", they added.