Byju's Founder Mortgages Home To Pay Salaries To Employees | Watch

Once the most valued startup, now battling cash crunch, Byju's founder Byju Raveendran has pledged homes owned by him and his family. This was to raise money for paying salaries of the employees as the company battles a cash crunch. Two homes owned by the founder and his family along with an unconstructed villa have been offered as collateral for $12 million. Here's all you need to know. Watch.