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Byju's (stylised as BYJU'S) is an Indian multinational educational technology company, headquartered in Bengaluru. [4] It was founded in 2011 by Byju Raveendran and Divya Gokulnath . As of October 2024, various media outlets reported that Byju's valuation has now plummeted to zero, down from its peak valuation of $22 billion in 2022.
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Indian educational technology company Byju's acquired Epic! in July 2021 in a cash and stock deal worth $500 million. [5] On January 25, 2024, lenders began bankruptcy proceedings against Epic's parent company Byju's in an effort to repay its loans. [6] On February 1, 2024, Byju's U.S. division filed for Chapter 11 bankruptcy in Delaware. Byju ...
Last week, on Feb. 23, shareholders of Byju’s, the edtech firm that was once India’s most valuable startup, did what once would have been unthinkable: They voted to oust founder and one-time ...
Insolvency proceedings against ed-tech giant Byju's, once India's biggest startup valued at $22 billion, will likely force thousands of employees to quit and result in a total shutdown of its ...
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[3] [9] Byju encouraged her to become a teacher due to her questions during breaks between the classes. [3] Her career as a teacher began in 2008 [3] at age 21. [10] [7] In 2020, she told Fortune India, "It was an auditorium-style class with 100 students. They were just a couple of years younger than me so to look mature I wore a saree to the ...
Notwithstanding, there is a huge, and still growing, trend among local parents who send their kids to tuition. Given the immense academic competition attributed to foreign scholars and the proliferating private-tuition trend, some parents feel that they have little choice but to engage tuition centres or opt for home tuition. [5] [6] [7] [8]