Founder Byju Raveendran on his once $22 billion edtech giant
Byju’s founder says his edtech startup, once worth $22B, is now ‘worth zero’
Byju Raveendran, the founder of the embattled edtech group Byju's, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, Byju Raveendran, founder of edtech group Byju's, said his startup,
Byjus is worth zero now: Founder Byju Raveendran on his once $22 billion edtech giant
Byju Raveendran declared Byju's net worth as zero, citing rapid expansion and investor withdrawals that led to financial turmoil and insolvency proceedings.
Byju's, Once Valued at $22 Billion is Now Worth Zero, says Founder
Byju Raveendran, founder of ed-tech platform Byju's, said that the startup which was once valued at $22 billion is now worth "Zero".He said, “It’s worth zero. What valuation are you talking
Byju’s founder Byju Raveendran says company is now “worth zero”
Byju Raveendran admits Byju's is now worth zero, citing over-expansion and investor withdrawals amid insolvency proceedings.
'Worth zero': Founder of India's once biggest startup Byju's concedes mistakes
Byju Raveendran, the founder of what was once India's biggest start-up, Byju's, said he overestimated the growth potential of his education-technology company which is now "worth zero" as it faces insolvency,
‘Byju’s worth zero,’ says founder of once India’s biggest edtech startup
"The company is worth zero. What valuation are you talking about? It is zero," said Byju Raveendran, founder of edtech giant Byju's.
Byju Raveendran accepts worth as ‘zero’ and here is the million-dollar lesson
Once the poster child of the Indian startup ecosystem, Byju’s free fall from a $22 billion peak to ‘zero’ is a start-up drama, not witnessed too often. For those watching Byju’s matter unraveling over the last year,
Byju Raveendran says his edtech startup Byju's, once worth $22 billion, is now 'worth zero'
Bengaluru/IBNS: Byju Raveendran, founder of the troubled edtech company Byju’s, admitted on Thursday that he had made several mistakes, including misjudging market conditions and overestimating the company's growth potential.
"Byju's Worth Zero," Says Founder Of India's Once Biggest Startup
Byju Raveendran, the founder of what was once India's biggest start-up, Byju's, said he overestimated the growth potential of his education-technology company which is now "worth zero" as it faces insolvency,
Byju’s net worth is zero, confesses founder Byju Raveendran
Raveendran stated that the company’s subsidiaries, including Aakash, continue to generate over ₹5,000 crore in revenue, driven by student sign-ups.
Top 5 reasons that led to the downfall of Byju’s: From $22 billion to less than $3 billion in just one year
The fall of Byju's was marked by a number of issues including overambitious acquisitions, increasing losses, piling debts, ...
Once India's hottest startup, Byju's admits mistakes as company plummets from $22 billion to zero
In a dramatic fall from grace, Byju Raveendran, founder of Indian edtech company Byju's, has admitted to significant mistakes ...
‘Byju’s Is Worth Zero’ Founder Claims To Return Every Penny To Lenders; Internet Is Not Impressed
During the 2.5-hour virtual call to media, Byju’s founder claimed that if the insolvency lawsuit continues, then the lenders ...
Byju Raveendran says he will pay back lenders’ money: ‘People think I ran away but…’
Byju Raveendran, CEO of Byju’s, refuted rumors of fleeing to Dubai, stating he plans to return soon. He blamed investors for ...
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Byju's Valuation Drops to Zero: Seeks a New Edtech Vision
News: Byju Raveendran stated investors fled at the first hint of difficulty and that he continues to invest in the company ...
Byju's valuation drops to zero, founder says start-up 'overestimated potential growth'
Byju Raveendran said a case of a loan default in a Delware court led to the resignations as the investors feared they would ...
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From Zoho's Sridhar Vembu To Byju's Byju Raveendran: Best And Worst Startup Founders In India, According To New Reddit Poll
In a recent Reddit poll by the “Startup India” community, Byju Raveendran, the co-founder and CEO of Byju’s, was voted as the ...