Byju's Collapse: From $22 Billion Valuation to Insolvency

Founder Byju Raveendran admits strategic errors and faces allegations as the edtech giant's value plummets to zero.

Byju's aggressive expansion and acquisition strategy led to significant financial strain and mounting debts.
The post-pandemic slowdown in online education demand further exacerbated Byju's financial woes.
Key investors withdrew support, and major board members resigned citing governance issues, complicating fundraising efforts.
Legal disputes and loan defaults prompted insolvency proceedings, freezing company assets and suspending Raveendran.
Raveendran denies fraud allegations and remains optimistic about Byju's mission despite the company's downfall.