From Billionaire to Bust: The Shocking Downfall of Byju Raveendran and Byju’s – What Went Wrong?
Byju’s belated fiscal year ending March 2022 results revealed a net loss exceeding $1 billion, prompting major investor BlackRock to slash its valuation to a mere $1 billion. Byju Raveendran, founder of Byju’s, has seen his wealth plummet to zero in the 2024 Forbes Billionaire Index amid the challenges faced by the edtech giant. Formerly … Read more