WorthIT | From Billionaire To Zero: What Went Wrong With Byju’s?

Byju's, once valued at $22 billion, has seen founder Byju Raveendran's net worth plummet to zero. Founded in 2011, Byju's became India's most valuable startup, offering innovative online learning methods. However, a decline began as offline classes resumed post-Covid, leading to a loss of $327 million in 2021. Allegations of toxic work culture and financial mismanagement surfaced. Byju's defaulted on loans, faced legal issues, and its valuation dropped below $1 billion, prompting investor demands to remove Raveendran and his family from the company.