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Money Control

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Byju’s defers FY24 appraisals as it looks to conserve cash amid delay in funding

BYJU's, the edtech startup, has decided to defer FY24 appraisals for its employees due to cash conservation efforts amid a delay in funding, as reported by Moneycontrol. The company is taking measures to manage its financial situation while waiting for expected funding to materialize. A majority of the company’s employees are also yet to receive variable pay and other incentives yet.

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