We are in tough situation but will come out of it soon: Byju
Financial Express Mumbai|June 30, 2023
BYJU RAVEENDRAN, CO-FOUNDER and CEO of Byju's, on Thursday told employees that the edtech firm was going through a tough phase but will soon come out of it
We are in tough situation but will come out of it soon: Byju

"We are in a tough phase, but we will come back soon... last 12 months we have been struggling. But edtech will stay forever, and we are the pioneers. It is one of the most important sectors and we are in the correct space," Raveendran told employees in a 45-minute video town hall address, his first after the resignation of three board members and statutory auditor, Deloitte last week. The company is also battling a consortium of lenders in the US courts.

Sources said that he also informed that the company is close to achieving profitability at the group level.

هذه القصة مأخوذة من طبعة June 30, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

هذه القصة مأخوذة من طبعة June 30, 2023 من Financial Express Mumbai.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

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