No July Salaries For Byju's Employees Yet, Founder Explains Why

In an email to employees, Byju Raveendran said salaries will be paid promptly, even if that means raising more personal debt.

Embattled edtech company Byju's is yet to pay July salaries to its thousands of employees and its Founder and CEO, Byju Raveendran, on Tuesday addressed workers, promising swift resolution despite facing several legal challenges.

In an email to employees, he said salaries will be paid promptly, even if that means raising more personal debt.

The company recently faced a serious challenge that pushed it into insolvency due to a dispute with the BCCI.