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Byju’s Raveendran Breaks Silence On Employee Fury Over Unpaid Salaries – Here’s What He Said

Byju's CEO, Byju Raveendran, assured an employee that the unpaid salaries for the past three months would be paid, but not "immediately."

Byju’s CEO promised an employee that their salary would be paid, but not “immediately.” The employee had shared their concerns in a comment on the CEO’s post, which has now gone viral.

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Byju’s CEO, Byju Raveendran, assured an employee that the unpaid salaries for the past three months would be paid, but not “immediately.”

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This response came after an employee, Kaushik Lade, raised concerns in the comments section of the CEO’s now-viral post on social media. Kaushik questioned the company’s commitment to its workers.

Raveendran, who had faced criticism for staying quiet during Byju’s financial struggles, recently spoke up. In his post, he denied claims that his family made money from selling shares and said that all the funds were put back into the company.

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He also asked for a “thorough investigation” into the possible wrongdoings of the company’s lenders and financial advisors, as he thinks they played a role in Byju’s problems.

Have a look at this post:

While Raveendran talked about a comeback, employees had more urgent problems. One of them, Kaushik Lade from Hyderabad, reminded him that workers were struggling without pay.

“We hear your passion, but passion doesn’t pay our bills,” Lade wrote. “While you talk about sacrifice, we – the employees who built BYJU’S – have been left without salaries for three months. Our PF hasn’t been paid. We supported the company, gave our best, and now we’re just trying to survive. Please don’t let the people who made BYJU’S suffer in silence. Words inspire, but actions matter.”

Raveendran promised him that salaries would be paid, but not right away. “Bills will be paid, we will make a comeback, and the dues will be cleared. Not immediately, but eventually. I’m not just fighting for myself. Until then, you have to trust my words. Until then, you have my word,” he said.

Byju’s, which was once the most valuable edtech company in India, has been facing problems for over a year.

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Shefali Singh

Shefali Singh

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Shefali Singh is a skilled Senior Sub-Editor with a strong focus on general news. With years of experience in the media industry, Shefali has a sharp eye for detail and a passion for ensuring every story is accurate, engaging, and well-structured. She excels at curating news content, maintaining high editorial quality, and keeping a consistent tone on English-language websites. Shefali is also known for her ability to fact-check, edit for clarity, and perfect grammar, helping digital platforms thrive. She holds a Bachelor's degree in Journalism and Mass Communication from IP University. Shefali’s expertise in SEO ensures that stories reach the right audience at the right time, maximizing their impact. Previously, Shefali worked with top English news platforms like ANI and All India Radio, covering a wide range of topics from current affairs to human interest stories. She has also interviewed key figures from the UP community, such as actor Faisal Malik, politician Malook Nagar, and media personality Nithari Kand. Key Articles & Features: https://news24online.com/business/tcs-faces-biggest-loss-of-rs-53185-crore-what-it-means-for-ratan-tatas-employees-details-inside/484838/ https://news24online.com/india/who-is-agrata-sharma-kumar-vishwas-daughter-making-business-strides-starting-a-new-chapter-in-life/494916/ https://news24online.com/business/jiohotstar-hits-100-million-paid-subscribers-after-disney-reliance-merger/515384/ Achievements & Recognitions: Fact-Checking Excellence: Dedicated to meticulous fact-checking in collaboration with the news desk team to ensure content reliability and accuracy. SEO Mastery: Expertise in optimizing digital content for better reach and engagement. Numerous articles written by Shefali have been featured on Google Discover. Contact: 📧 Email: [email protected]

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First published on: Mar 05, 2025 04:22 PM IST


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