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Business News/Topic/    Byjus

BYJU'S

Ever since Byju Raveendran founded the eponymous edtech company in 2011, Byju's has been the subject of much discussion. The Indian education sector seemed ripe for disruption, and by 2019, the company was an investor favourite. The onset of the pandemic brought the real riches for Byju's: with kids attending school through their laptops, phones, and tablets, Byju's was immediately seen as being at the forefront of facilitating this institutional method of learning — all the way to a $22 billion valuation.  But with the accolades, came the woes. As Covid-19 slipped into the rear-view mirror, ugly stories about the edtech's policies came to light. Impossible targets, poor management, and a slew of senior-level exits dominated the headlines. Finally, came the last straw — investors and regulators started asking the tough questions about the company failing to comply with statutory requirements. Growth, it seemed, had come at the cost of governance, like in so many messy startups.  Here’s a curation of original reportage and analysis about Byjus, once India’s most valuable startup.
Byju Raveendran, founder of BYJU's. (Mint) Premium

Kempner reviews Byju’s loan

2 min read . 28 Jun 2023
If Byju founder Byju Raveendran manages to emerge from this shaky moment, he could yet emerge a winner, delivering returns to investors and cementing his wealth and legacy. Illustration: Jayachandran Premium

Byju Raveendran's moment of reckoning

11 min read . 04 Aug 2022
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