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Byju’s founder says his edtech startup, once worth $22B, is now ‘worth zero’

Byju’s founder says his edtech startup, once worth $22B, is now ‘worth zero’

TechCrunch Startup News · TechCrunch

October 21, 20242m 45s

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Show Notes

Byju Raveendran, the founder of the embattled edtech group Byju’s, acknowledged on Thursday afternoon that he made mistakes, mistimed the market, and that his startup, once valued at $22 billion, is now effectively worth “zero.”

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