Login

Post on Medial

Jaswanth Jegan

Stealth • 4m

“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.

15 replies13 likes
2
Replies (15)

More like this

Recommendations from Medial

Image Description
Image Description

Havish Gupta

Stealth • 8m

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).

3 replies13 likes

Yash Barnwal

Stealth • 1m

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.

0 replies3 likes
Image Description
Image Description

Vaibhav Babruwan Shingde

Stealth • 8m

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 🙂

3 replies7 likes
Image Description
Image Description

Jaswanth Jegan

Stealth • 5m

"Apple was 90 Days away from Bankruptcy" Bankruptcy to Billions #5 Steve Jobs Returns To Save Apple Steve Jobs was fired from Apple in 1985 due to a power struggle with CEO John Sculley.The board of directors sided with Sculley,Fired Jobs of his ma

See More
13 replies22 likes
1
Anonymous
Image Description
Image Description

Anonymous

Stealth • 7m

If you have a land of 800 sqft and are not able to sell it due to low demand. How could you use the land to earn decent money with low investment?

11 replies8 likes
Image Description
Image Description

Havish Gupta

Stealth • 2m

Well, this 18-year-old guy went to Shark Tank to raise funds for his EdTech startup. His startup, OLL, had achieved an annual run rate of about ₹3.36 crore and has also made ₹28 lakhs in real PROFITS! Vineeta asked him what he would do if he receiv

See More
27 replies32 likes
4

Sumangal Bose

Stealth • 4m

Jefferies' Chris Wood says India is the best long-term equity market in the world, and that the bull market is nowhere near ending due to a combination growing retail participation, relentless fund flow and robust domestic demand.

0 replies7 likes
Image Description

Nawal

Stealth • 2m

This is bad 🔥 This might be the end of BYJUs A total of 1,887 creditors have filed claims amounting to $1.5 billion against Byju's, with most claims still under review. Notably, Indian tax authorities are seeking $101 million in dues from the tro

See More
1 replies4 likes
Image Description

Rajan Paswan

Stealth • 6m

What If the USA Filed for Bankruptcy Today? If the United States declared bankruptcy today, the immediate effect would be catastrophic. The value of the U.S. dollar would plummet, triggering a global financial crisis. Banks worldwide would face inso

See More
3 replies5 likes

Vansh Khandelwal

Stealth • 4m

Doodhwala, an Indian startup for milk and grocery delivery, failed due to several critical missteps. The company faced persistent 𝐧𝐞𝐠𝐚𝐭𝐢𝐯𝐞 𝐜𝐚𝐬𝐡 𝐟𝐥𝐨𝐰, with expenses exceeding revenues due to high operational costs and excessive marketi

See More
0 replies6 likes

Download the medial app to read full posts, comements and news.