Edtech industry

Byju's chief also claimed that the company had previously submitted all the information requested on FDI raised, overseas investments made, and cross-border transactions relating to marketing and branding to the concerned authority

It is also reported that all the freshers have been fired by BYJU'S in this lay off

The fund raised will be used to develop and launch new training programs, scale the omnichannel training platform infrastructure and content in vernacular languages along with developing new features to further increase learning outcomes for students

The fund raised will help the company build its product offering and strengthen the AI product