Read more about the article Byju’s Founder Admitted Edtech Value Has Dropped to ‘Zero
Byju Raveendran, founder and chief executive officer of Think and Learn Pvt., speaks during the Credit Suisse Asian Investment Conference in Hong Kong, China, on Tuesday, March 26, 2019. The conference runs through March 28. Photographer: Paul Yeung/Bloomberg via Getty Images
Business / Technology

Byju’s Founder Admitted Edtech Value Has Dropped to ‘Zero

Byju Raveendran, the founder of Byju's, once a big player in the edtech game with a $22 billion valuation, now says the company is basically worthless. He blames this on some bad decisions, fast expansion, and a tough market that got worse when key investors pulled out. Despite the gloomy news, Raveendran is still holding out hope for a bounce-back.

By Vishal Kumar
October 19, 2024

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