BYJUs Getting House in Order

Published On: July 25, 2023 - BYJU'S, the edtech giant made strategic decisions to vacate certain spaces, including the 5.58 Lakh square feet property in Kalyani Tech Park and two floors at Prestige Tech Park. This move has resulted in significant cost savings of approximately INR 3 Crores per month in rent expenses. Kartik Malhotra of News9 sheds light on the financial challenges that BYJU'S is currently navigating.