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Byjus is worth zero now: Founder Byju Raveendran on his once $22 billion edtech giant

Byju Raveendran, the Indian mathematics teacher who founded the prominent ed-tech platform Byju's, has made a startling declaration regarding the company's financial status. In a [more...]

By : Sandhya Tripathi

  |  19 Oct 2024 12:01 PM IST

Byju Raveendran, the Indian mathematics teacher who founded the prominent ed-tech platform Byju's, has made a startling declaration regarding the company's financial status. In a recent statement, Raveendran asserted that Byju's, once valued at a staggering $22 billion, now has a net worth of "zero." He bluntly stated, "It's worth zero. What valuation are you talking about? It's worth zero."

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