{"id":847162,"date":"2024-08-23T08:31:38","date_gmt":"2024-08-23T03:01:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=847162"},"modified":"2024-08-23T08:36:16","modified_gmt":"2024-08-23T03:06:16","slug":"cash-strapped-byjus-insolvency-case-fans-fears-of-employees-parents","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/23\/cash-strapped-byjus-insolvency-case-fans-fears-of-employees-parents\/","title":{"rendered":"Cash-strapped Byju&#8217;s insolvency case fans fears of employees, parents"},"content":{"rendered":"<p>The insolvency of Indian education technology company Byju&#8217;s threatens to be the biggest upset in a celebrated startup sector, unleashing a long battle by thousands of panic-stricken employees to recover dues and protect their careers. <\/p>\n<p>Once a darling of global investors, valued at $22 billion in 2022, Byju&#8217;s became popular by offering online training courses during the Covid-19 pandemic, but is now locked in a dispute with US lenders seeking $1 billion in unpaid dues.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The insolvency of Indian education technology company Byju&#8217;s threatens to be the biggest upset in a celebrated startup sector, unleashing a long battle by thousands of panic-stricken employees to recover dues and protect their careers. Once a darling of global investors, valued at $22 billion in 2022, Byju&#8217;s became popular by offering online training courses during the Covid-19 pandemic, but is now locked in a dispute with US lenders seeking $1 billion in unpaid dues.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-847162","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/847162","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=847162"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/847162\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=847162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=847162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=847162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}