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Finance Meaning in Hindi | Finance

Byju’s Delays Salaries Once more, Blames “Few Misguided Foreign Investors”

📅 April 2, 2024 | 🏷️ Business Finance

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How I Turned ₹5,000/month into ₹6 Lakhs — My 3-Year SIP Journey

In 2020, I was saving ₹5,000/month with no real strategy. I stumbled into SIPs while learning about Finance Meaning in Hindi and how small disciplined investments grow over time. Today, that same habit has grown into ₹6,12,000 — teaching me the real essence of compounding and patience.

📉 What Went Wrong in Year 1

I panicked during a market dip and withdrew my SIP investments. That single move broke my compounding chain — a mistake that showed me why understanding Finance Meaning in Hindi is essential before reacting to emotions.

📈 Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

🔄 My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: ₹6,12,000
  • Average returns: 13-15% p.a.

🧠 What I’d Do Differently If Starting Again

If I could start over, I’d set up SIPs and forget daily market noise. Understanding Finance Meaning in Hindi — that finance is about planning, not prediction — would have saved me stress and helped me start earlier.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

Byju’s additionally sought to guarantee workers that it’s following a parallel line of credit score. (Representational)New Delhi: Embattled edtech firm Byju’s has knowledgeable its staff that there’ll “again” be a delay in disbursement of salaries.Byju’s administration in a communication to staff blamed the scenario on an interim order obtained by “a few misguided foreign investors” in late February which “restricted usage of the funds raised through the successful rights issue”.Byju’s additionally sought to guarantee workers that it’s following a parallel line of credit score to make sure that staff get their salaries by April 8.”We are writing to you today with a heavy heart but with a message of hope and reassurance. We regret to inform you that there will again be a delay in the disbursement of salaries. A few misguided foreign investors in BYJU’S have obtained an interim order in late February which has restricted usage of the funds raised through the successful rights issue,” the administration wrote.The be aware additional stated: “This irresponsible action by the four foreign investors has compelled us to temporarily hold the disbursal of salaries until the restriction is lifted.” Byju’s stated it has full religion within the Indian judicial system and eagerly awaits a beneficial consequence that may allow it to utilise the funds raised by way of the rights challenge and alleviate the monetary challenges it’s at present dealing with.”As you know, the founders have put everything back into the company, and regardless of the court verdict, we are following a parallel line of credit to ensure that you receive your salary by 8th of April,” the administration stated.On a constructive be aware, the administration stated, it has the mandatory vote to extend the authorised capital for the rights challenge.”It means that once the restrictions on using the raised funds are lifted, we can meet all our salary commitments immediately. As you might have read, our founder, Byju Raveendran, has once again appealed to disgruntled investors in a collaborative spirit, and we are hoping that litigating investors would have a reasonable spirit in not frustrating our daily lives any longer,” it stated.The corporate stated it understood the emotions of helplessness that will come up on account of these circumstances, and added “we share your frustration”.”However, we urge you to hold onto hope and remain resilient. BYJU’S has overcome challenges recently, and we firmly believe that together, we will overcome this last hurdle. We are confident that justice will prevail and the financial constraints will be resolved soon,” the administration wrote thanking staff for his or her persistence, understanding, and continued dedication throughout the troublesome time.(Apart from the headline, this story has not been edited by NDTV workers and is revealed from a syndicated feed.)

#Byjus #Delays #Salaries #Blames #Misguided #Overseas #Buyers

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Byju’s unable to pay salaries as funds locked: Founder Raveendran

📅 March 2, 2024 | 🏷️ Business Finance

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SIP Calculator | Managing Finance

Plan Your Financial Future in Minutes

Use our free SIP Calculator to estimate your investment returns, visualize compounding, and understand Finance Meaning in Hindi for better clarity while building wealth.

Why Use Our SIP Calculator?

Whether you're new to investments or just exploring Finance Meaning in Hindi, this calculator helps you understand how SIPs can transform small savings into big results.

Money Input Icon

Simple Inputs

Just enter your monthly investment, time period, and expected return rate — and learn how it aligns with the Finance Meaning in Hindi concept of disciplined savings.

Graph Icon

Visual Growth Charts

See how your wealth grows month by month. This visualization makes the Finance Meaning in Hindi — “धन प्रबंधन का महत्व” — easier to understand in real terms.

Piggy Bank Icon

Customizable Results

Test different SIP scenarios and explore how small consistent steps reflect true Finance Meaning in Hindi: smart planning and patience.

Start Building Wealth Today

Don't wait to take control of your financial future. Let compounding and your understanding of Finance Meaning in Hindi guide you to smarter investments.

How I Turned ₹5,000/month into ₹6 Lakhs — My 3-Year SIP Journey

In 2020, I was saving ₹5,000/month with no real strategy. I stumbled into SIPs while learning about Finance Meaning in Hindi and how small disciplined investments grow over time. Today, that same habit has grown into ₹6,12,000 — teaching me the real essence of compounding and patience.

📉 What Went Wrong in Year 1

I panicked during a market dip and withdrew my SIP investments. That single move broke my compounding chain — a mistake that showed me why understanding Finance Meaning in Hindi is essential before reacting to emotions.

📈 Lesson Learned: Consistency Beats Timing

  • Missed rallies by being out of the market
  • Lost out on rupee cost averaging
  • Peace of mind improved with automation and discipline

🔄 My Portfolio Before vs After

Before (2020)

  • Random savings in bank account
  • No real investment plan
  • Low returns (2-3% p.a.)

After (2023)

  • Disciplined SIPs in diverse mutual funds
  • Portfolio value: ₹6,12,000
  • Average returns: 13-15% p.a.

🧠 What I’d Do Differently If Starting Again

If I could start over, I’d set up SIPs and forget daily market noise. Understanding Finance Meaning in Hindi — that finance is about planning, not prediction — would have saved me stress and helped me start earlier.
  • Start SIPs as early as possible
  • Stay consistent, ignore short-term volatility
  • Review portfolio annually, not monthly
  • Invest for long-term goals, not quick gains

MUMBAI: Byju Raveendran, founder and CEO at troubled edtech startup Byju’s hit out at a bunch of traders, stating that their transfer to disable the corporate from utilizing the funds raised by way of the rights situation has hindered disbursement of salaries to staff. “….I regret to inform you that we will still be unable to process your salaries…..Unfortunately, a select few (4 out of our 150+ investors) have stooped to a heartless level, ensuring that we are unable to utilise the funds raised to pay your hard-earned salaries,” Raveendran stated in a letter to staff on Saturday which was reviewed by TOI.“At their behest, the amount raised through the rights issue is currently locked in a separate account,” Raveendran stated, including that regardless of the profitable closure of its $200 million rights situation, the corporate is going through a disaster. Byju’s stated that it’s making makes an attempt to make sure that the salaries are paid by March 10.4 of the agency’s traders— Prosus, Peak XV Companions, Basic Atlantic and Sofina had approached the Nationwide Firm Legislation Tribunal (NCLT), in search of a keep on the rights situation, stating that there are critical allegations of siphoning off funds by the corporate’s promoters and the corporate is being investigated by the Enforcement Directorate (ED) and Ministry of Company Affairs (MCA). Though the court docket allowed Byju’s to go forward with the rights situation, it handed an interim order, directing the startup to maintain the funds obtained as a part of the rights situation in a separate escrow account. The court docket additionally stated that the funds shouldn’t be withdrawn until the disposal of the oppression and mismanagement go well with filed by the traders in opposition to the corporate’s administration.“It is an agonizing reality that some of these investors have already reaped substantial profits – in fact, one of them has made a staggering eight times their initial investment in Byju’s. And yet, their actions convey a callous disregard for our lives and livelihoods,” Raveendran informed staff.The money starved firm had been banking on its rights situation to boost capital and meet its present liabilities. Byju’s will now must name an EGM (extraordinary common assembly) to hunt shareholder approval and enhance authorised capital. “Countless hours have been spent exploring every possible avenue, engaging our legal teams, and advocating for your rights. However, despite our best efforts, we are left with no option but to confront the heart-wrenching reality that we are temporarily unable to provide you with the financial support you deserve,” Raveendran stated.Byju’s is locked in a bitter combat with its traders, majority of whom additionally voted to oust Raveendran because the CEO and restructure the agency’s family-run board.

#Byjus #unable #pay #salaries #funds #locked #Founder #Raveendran

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