From Boom to Bust: Byju’s Founder Admits Overestimations Amid Insolvency Crisis

Byju Raveendran, founder of India’s former education giant Byju’s, has acknowledged significant miscalculations in the company’s growth. Once valued at $22 billion, Byju’s now faces insolvency, described as “worth zero.” Despite unpaid dues and mismanagement allegations, Raveendran expresses hope for recovery, emphasizing lessons learned from rapid global expansion during the pandemic.

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