Ranjan Pai’s Financial Facility to Aid Byju’s: A Strategic Move ?

In a significant development, Ranjan Pai, the founder of Manipal Hospitals Group, is poised to provide a crucial Rs 300 crore financial facility to Think & Learn Pvt Ltd

In a bid to reduce its working capital needs, Byju’s has been exploring options to cut costs.

On September 26, a report by Mint revealed that the company was in the process of letting go of approximately 4,000 employees.