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Jaswanth Jegan

Founder-Hexpertify.c... • 1y

“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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From EdTech giant to bankruptcy proceedings – the rise and fall of BYJU'S. Once valued at $22 billion, the company now faces insolvency after a series of acquisitions, debt defaults, and investigations.

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Havish

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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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Account Deleted

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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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He’ll still hesitate & deny when people call his decisions a mistake and pretend like it was only the greedy investors that led to the demise of byjus

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UPDATE - Byju's has now been removed from the Google Play Store, and due to non-payment to AWS, their website services have also been shut down. It's now just functioning as a landing page. Their problems just don't seem to end now.

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