$22 बिलियन से 0! Rise and Fall of BYJU’S #byjus #ByjusFall #businessnews #shorts #edtech
Zinkpot Capital 
The Rise and Fall of Byju’s: From Billion-Dollar Startup to Bankruptcy
Byju’s, once valued at a staggering $22 billion and hailed as India’s largest edtech startup, has now come to a grinding halt. Founder Byju Raveendran, whose net worth was around $2 billion just a year ago, now faces a downfall with his wealth nearing zero.
Starting as a teacher preparing students for the CAT exam, Byju’s unique teaching methods drew huge crowds. He went on to launch an online video-based teaching program in 2009, and in 2015, introduced the game-changing ‘Byju’s – The Learning App,’ which skyrocketed him to billionaire status. At its peak, Byju’s expanded aggressively, acquiring companies like Aakash Institute, WhiteHat Jr., and Toppr.
However, the massive $1.2 billion loan Byju took to fuel this expansion became a major financial burden. After the pandemic, with schools reopening, students began leaving the platform, and the company’s financials worsened. Offices and centers across India are now shutting down, employees are not being paid, and the company is nearing complete closure.
In this video, we explore Byju’s meteoric rise and the factors that led to its dramatic fall.
#Byjus #StartupFailure #BusinessCollapse #ByjuRaveendran #Edtech #BusinessNews
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