Once India's hottest startup, Byju's admits mistakes as company plummets from $22 billion to zero
In a dramatic fall from grace, Byju Raveendran, founder of Indian edtech company Byju's, has admitted to significant mistakes that led to the company's downfall. Speaking
'Worth zero': Founder of India's once biggest startup Byju's concedes mistakes
Byju Raveendran, the founder of what was once India's biggest start-up, Byju's, said he overestimated the growth potential of his education-technology company which is now "worth zero" as it faces insolvency,
‘Byju’s worth zero,’ says founder of once India’s biggest edtech startup
"The company is worth zero. What valuation are you talking about? It is zero," said Byju Raveendran, founder of edtech giant Byju's.
Byju’s founder says his edtech startup, once worth $22B, is now ‘worth zero’
Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, overestimated growth potential and that his startup, once valued at $22 billion,
Byjus is worth zero now: Founder Byju Raveendran on his once $22 billion edtech giant
Byju Raveendran declared Byju's net worth as zero, citing rapid expansion and investor withdrawals that led to financial turmoil and insolvency proceedings.
Byju valued at Rs zero: Founder Byju Raveendran reveals biggest concern
Byju is facing its toughest phase after key investors, including Prosus and Peak XV Partners, exited the board in 2023, leaving the tech giant unable to raise funds. Founder Byju Raveendran revealed the company’s current valuation stands at zero,
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Byju Raveendran accepts worth as ‘zero’ and here is the million-dollar lesson
Once the poster child of the Indian startup ecosystem, Byju’s free fall from a $22 billion peak to ‘zero’ is a start-up drama ...
Meet woman, who cleared 'world's toughest exam', fell in love with her mentor, had Rs 4550 crore net worth, now bankrupt
Meet co-founder of one of the biggest start-ups in India which is now facing financial troubles, regulatory scrutiny, and ...
Meet Divya Gokulnath, Byju Raveendran's wife, she cleared world's toughest…
Divya Gokulnath is a co-founder of Byju's and the wife of Byju Raveendran. She is highly educated and often referred to as ...
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Byju’s founder Byju Raveendran says company is now “worth zero”
Byju Raveendran admits Byju's is now worth zero, citing over-expansion and investor withdrawals amid insolvency proceedings.
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Byju's, Once Valued at $22 Billion is Now Worth Zero, says Founder
Byju Raveendran, founder of ed-tech platform Byju's, said that the startup which was once valued at $22 billion is now worth ...
Byju Raveendran says he will pay back lenders’ money: ‘People think I ran away but…’
Byju Raveendran, CEO of Byju’s, refuted rumors of fleeing to Dubai, stating he plans to return soon. He blamed investors for ...
‘Did not run to Dubai, here because…’: Byju Raveendran claims he’ll return to India
Byju Raveendran, founder and CEO of crisis-hit edtech firm Byju’s, has said that he did not run away to Dubai and will return ...