Overview
- Byju’s flagship Android app has been removed from the Google Play Store due to unpaid dues to Amazon Web Services (AWS), which powers its cloud infrastructure.
- The company’s website is now reduced to a landing page, with users locked out of paid content and video lessons.
- Insolvency proceedings continue at the National Company Law Tribunal (NCLT) following a Rs 158 crore dues case filed by the Board of Control for Cricket in India (BCCI).
- Founder Byju Raveendran has acknowledged strategic missteps, including a $1.2 billion 2021 term loan, and is advocating for a purpose-driven “Byju’s 3.0” reboot.
- While its core services face disruptions, subsidiaries like Aakash Institute and other apps, such as Byju’s Exam Prep, remain operational.