Byju apologises to teachers for delay in salary payout, says 'I've borrowed some funds'

BYJU'S CEO Byju Raveendran apologised to teachers of the edtech company for delay in salary payments. "We haven't been able to compensate you for your work. This isn't right...I'm truly sorry," Raveendran wrote in an email. He said that he has managed to borrow some funds, which will be used to make a small payment to each of the teachers.