New Delhi: Embattled edtech platform Byju’s finally started disbursing salaries to its thousands of employees for the month of March after arranging an alternative line of credit. In a letter to employees seen by IANS, the company said the salary disbursement has commenced and will be completed over the next 10 days. “Unfortunately, despite our efforts, we haven’t yet secured approval to access the rights issue funds, because of the action of four foreign investors,” the communication read. However, it has now arranged an alternative line of credit to ensure “timely payments.” “We sincerely appreciate your patience and understanding throughout this period”, the company told the staff. Repor
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