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Jaswanth Jegan

Stealth • 5m

“Best Startup To biggest Failure” Billions to Bankruptcy #8 Byjus was founded by Byju Raveendran in 2011 they gained popularity due to engaging video lessons which made complex subjects easier to understand.Byjus acquired many high profile brands like TutorVista, Edurite,WhiteHat Jr,Aakash to enhance its offerings. Covid-19 accelerated the adoption of online education, leading to a surge in demand in Byju's products.Byju's emerged as the market leader and was valued over $16 billion making it one of the world's most valuable edtech firms. Byjus aggressive expansion and acquisitions led to significant financial strain they faced cashflow issues due to high burn rate led to mounting debts.Rising complaints due to their sales tactics damaged reputation.The shift back to classroom learning post-pandemic reduced the demand for Byjus Byju's laid off many of their employees and facing multiple legal battles with lenders who initiated bankruptcy proceedings against its US assets.

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The only reason that led to Byju's Failure. Aditya also got offered 1.4 crore to take down this video (he said in a podcast).

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Hello Everyone 🖐️, Now Court has Freezed assets of Byju's due to missing of $533 M . What do you think guys, What will happen with Byju's because as a entrepreneur you will feel 😢.? Let's Discuss 🙂

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