{"id":858444,"date":"2024-09-23T08:01:41","date_gmt":"2024-09-23T02:31:41","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=858444"},"modified":"2024-09-23T08:16:10","modified_gmt":"2024-09-23T02:46:10","slug":"byjus-borrows-funds-to-pay-salaries-in-part","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/23\/byjus-borrows-funds-to-pay-salaries-in-part\/","title":{"rendered":"Byju\u2019s \u2018borrows\u2019 funds to pay salaries in part"},"content":{"rendered":"<p>Byju Raveendran, co-founder of troubled edtech firm Byju\u2019s, assured staff  in a letter on Saturday that he had \u201cmanaged to borrow some funds\u201d and they would receive a small payment as part of their pending salaries by this weekend. <\/p>\n<p>In an email sent to teachers, reviewed by FE, Raveendran acknowledged the long-standing delays in salary payments and issued an apology for the financial strain placed on the staff. While part-payments were reportedly made for April and May, the company is yet to disburse full payments for previous months, including February and March.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Byju Raveendran, co-founder of troubled edtech firm Byju\u2019s, assured staff in a letter on Saturday that he had \u201cmanaged to borrow some funds\u201d and they would receive a small payment as part of their pending salaries by this weekend. In an email sent to teachers, reviewed by FE, Raveendran acknowledged the long-standing delays in salary payments and issued an apology for the financial strain placed on the staff. While part-payments were reportedly made for April and May, the company is yet to disburse full payments for previous months, including February and March.<\/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":[63,4,12],"tags":[],"class_list":["post-858444","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/858444","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=858444"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/858444\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=858444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=858444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=858444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}