Byju Raveendran, co-founder of the struggling edtech giant Byju’s, informed staff that he had secured borrowed funds to make partial payments of their overdue salaries. In a heartfelt email to teachers, Raveendran apologized for the significant delays and the financial burden it has caused. The company had made part-payments for April and May but still owes full payments for months like February and March. Raveendran acknowledged the efforts of the staff and expressed regret for not being able to compensate them properly.