▶ THERE COULD BE no starker reminder that the good times of 2021 have come to an end than edtech major Byju’s Founder Byju Raveendran pledging his assets, including an under-construction villa and family homes valued at around ₹100 crore. The beleaguered firm resorted to this decision to meet the salary obligations of a portion of its employees.
Raveendran’s move indicates that he is anticipating a fresh infusion of funds and is taking this substantial risk to navigate the current cash crisis. It also demonstrates
