The Rise and Fall of Byju's: From $22 Billion Valuation to Ongoing Struggles Once valued at $22 billion, Byju's, led by CEO Byju Raveendran, soared to prominence with its innovative approach to education. However, its rapid expansion, coupled with allegations of financial mismanagement and a toxic work culture, led to a steep decline. Facing cash-flow problems and loan disputes, Byju's struggles reflect challenges in India's ed-tech sector. Full Article: https://buff.ly/494I66F Please follow for the latest IT news and interesting trivia in a short and easy to understand manner. #android #google #oracle #ios #programming #programmingmemes #programminglife #tech #technology #Windows11 #Windows10 #microsoft #Apple #meta #facebook #tech #technology #techno #techhouse #technics #technical #technologies #techworld #windows11 #Security #iPhoneSE #Samsung #GalaxyS22 #ITShorts
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From the soaring heights of success to the depths of uncertainty, this journey exemplifies the timeless truth: 'the greater the rise, the steeper the fall.' Through the peaks and valleys, we discover the resilience to rise again, forging a path illuminated by the lessons of our journey. Join us on Byju's transformative path, from its humble beginnings in 2007 as an offline CAT coaching institute to becoming the world's most valuable ed-tech company in 2019. With milestones like launching an online video-based learning program in 2009, securing Series A funding in 2013, and earning accolades such as the 'Best Self Improvement' app award in 2016, Byju's soared to unprecedented heights. However, challenges emerged in 2023 when its valuation was slashed by over 75% by Prosus NV, and in 2024, Byju Raveendran's net worth plummeted to zero according to Forbes Billionaire Index. Despite setbacks, Byju's remains a symbol of resilience and determination, inspiring millions on their quest for knowledge and growth. #byjus #byju #edtech #tech #techcompany #education #brandjourney #blinkX
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Double NET Qualified ( '23 & '24 ), 99.1 percentile | 500+ Students | Assistant Manager @ Genpact | Master's in Economics, Data Visualization | MA Hindi Literature | Teacher | Educator | Dewanshu.Chowrasia@genpact.com
Once a dominant player in the education tech industry, Byju's captured our attention as the market leader. Now, as we witness these things, the question arises: where is the Ed tech industry heading #byjus #edtech #education #industry #crisis
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📉 Byju's in Transition 📉 Byju's, the prominent Bengaluru-based ed-tech firm, is reportedly shutting down nearly 120 of its Byju's Tuition Centres (BJC) as part of its cost-control measures. This decision comes amid a severe cash crunch and ongoing legal issues, signaling a period of significant restructuring for the company. Impact Analysis: • Business: Streamlining operations to cut costs. • Education: Potential disruption for students relying on these centres. • Employees: Uncertainty for staff members at affected locations. Stay informed on the evolving landscape of education technology and its challenges. #Byjus #Tuition #Coaching #Education #Students #Startup #EdTech #BiharChhatraSansad
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The Rise and Fall of Byju's: A Comprehensive Analysis 𝒇𝒐𝒓 𝒎𝒐𝒓𝒆 𝒅𝒆𝒕𝒂𝒊𝒍𝒔👇👇👇 https://lnkd.in/gFuEK4BT #Byjus #EdTech #FutureOutlook #DigitalLearning #EducationTechnology #Challenges
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Exploring the Decline of BYJU'S: In recent times, the once-thriving edtech company BYJU'S has encountered significant challenges. From changes in the market landscape to internal issues, the reasons behind its downfall are being closely scrutinized. As the education sector continues to evolve, it's crucial to understand the implications of BYJU'S struggles in the industry as a whole. Stay informed and engaged as we unravel the complexities shaping the future of online learning. For the detailed analysis of BYJU's Downfall head over to our blog. 🔗 Link in comments section Written by Prithu Aggarwal and Keshvi Wadhwa #insights #informative #byjus #edtech #downfall
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Exciting update from the world of edtech! BYJU'S, a pioneering force in the industry, recently announced the disbursement of partial salaries for February to approximately 20,000 dedicated employees. the company has ensured that a portion of the salaries has been processed, with the remainder to follow upon the availability of funds from its rights issue. "We processed part salaries for everyone for February, late night on Friday to the extent of capital we could get outside the rights issue. The company will pay the balance once the rights issue funds are available, which we expect shortly," shared an official quoted by IANS. Additionally, the company has taken proactive measures to secure alternate funding arrangements, safeguarding the daily lives of its valued employees. In parallel news, Byju's investors have taken significant steps to protect their interests. Four prominent investors, including Prosus, Sofina SA, Peak XV Partners Investments, and General Atlantic Singapore TL Pte Ltd, have lodged caveats in the Supreme Court. These actions underscore the critical nature of ongoing legal proceedings, particularly concerning Byju's $200 million rights issue. Stay tuned for further updates as Byju's continues to navigate these developments and uphold its commitment to innovation and excellence in education. click here to know more:https://lnkd.in/gThmzYgK #Edtech #Byjus #FutureOfLearning
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BYJU'S : A Rollercoaster Ride in Ed-Tech 🎢 Inception and Innovation: Byju’s emerged in 2011, pioneering a revolutionary blend of technology and education. Its mobile app launch in 2015 sparked widespread interest, leveraging adaptive learning models to redefine online education. 🚀 Unicorn Ascent:Byju’s soared to unicorn status in 2020, boasting a valuation of $10.5 billion. This meteoric rise was fueled by strategic acquisitions and partnerships, cementing its position as a frontrunner in the industry. 🦄💼 Financial Strain: Despite initial success, Byju’s aggressive expansion strained its finances. BlackRock’s drastic devaluation in 2024, slashing its worth by 95%, signaled a stark reversal of fortune, prompting concerns about sustainability. 💰😬 US Setback:Byju’s US subsidiary's Chapter 11 bankruptcy filing in February 2024 underscored deeper woes. Mounting debt and funding challenges culminated in a dramatic setback, amplifying doubts about Byju’s global ambitions. 🇺🇸💥 Founder’s Sacrifice:Byju Raveendran’s altruistic gesture of forgoing his salary to support employee wages in January 2024 showcased dedication but also hinted at internal turmoil and financial instability. 👨💼💔 Byju’s journey reflects the highs and lows of the ed-tech landscape, emphasizing the need for adaptability and resilience in an ever-evolving industry. 🌱🎓 #edtech #byjus #money #business
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Will #BYJU'S Shut Down? No, Be Positive: My perspective I understand many of you are worried about the future of #BYJUS, and I share those feelings. It’s tough to see our organization facing challenges, but we need to stay strong and positive. 1.Financial Challenges: Yes, BYJU'S is dealing with significant #financial hurdles, with a reported debt of #15,000 crores. However, many companies can recover from such situations, and we must believe in BYJU'S strength. 2.Court Involvement: The #SupremeCourt's scrutiny indicates a fair process for all creditors. Let’s trust that this will lead to a positive resolution. 3. Market Confidence: While uncertainty shakes #market confidence, it doesn’t mean BYJU'S will close. Our support is vital now more than ever. 4. Future Prospects: The upcoming court hearing on #September_26 will be crucial. Let’s stand united and send positive energy toward this important moment. I am worried too, but let’s focus on hope. Together, we can navigate these tough times. #BYJUS #Future #Hope #Support #Education #TogetherWeStand BYJU'S TUITION CENTRE BYJU'S Learning Manish Pandey Tanya Jha Priyansh Tiwari Harshit Dubey BCCI KUNAPAREEDY VENKAT MEHAR
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🚀 Content Strategist | Creative Writer | Ghostwriting Expert | Audience Engagement Specialist | Webinar Closing Expert | Prompt Engineering Enthusiast | 15+ Years Driving Brand Growth & Innovation 💡
The Rise and Fall of Byju’s: A Story of Dreams and Lessons This is the story of a company that took the world by storm. 🌍 It all started with one man. One dream. Byju Raveendran. In 2011, he wanted to change the way students learn. He didn’t just want them to memorize facts. No. He wanted them to understand and actually enjoy learning! 📚🎉 So he created the Byju’s Learning App. And guess what? It was a HIT! 💥 1 million downloads in the FIRST year. And it didn’t stop there. By 2021, they had 150 million users and were worth $21 billion. Yeah, billion with a B! 💰💰 Students loved it. Teachers admired it. Parents trusted it. Byju’s made learning fun, interactive, and personalized. And it worked! 🚀 Students got better grades. Parents saw their kids more engaged. Teachers saw real progress. But then, something happened… Byju’s started facing some BIG challenges. ⚠️ 1️⃣ Their customer acquisition costs? Sky-high. They spent $250 million just to get new users! 🤯 2️⃣ Quality started to drop. Around 15% of students? Not happy. The magic was fading. ✨ 3️⃣ They couldn’t keep students hooked. Retention dropped from 60% to 45%. 📉 4️⃣ Financial struggles hit hard. By 2022, they reported a $200 million loss. 💸 5️⃣ Then came the legal troubles. A $10 million fine for misleading advertising. Ouch. 😬 From a meteoric rise to massive struggles, Byju’s went from the top to facing some serious challenges. But here’s the thing… What can we learn from this? Byju’s didn’t just grow fast. Maybe they grew too fast. Success isn’t just about speed, it’s about sustainability. Could they have focused more on quality? Could they have built long-term trust instead of quick wins? Maybe. But the real question is… Can Byju’s bounce back? 🤔 What do YOU think? Can they turn it around? Share your thoughts in the comments
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Creating India's first table top courtroom drama game, documenting the learnings here | Best Content Creator *2026* :)
(from an insider's perspective) Reason's how BYJU's has failed!! . . to show people how amazing of a company it is. (sorry for the click bait, but everything below this is 100% truth) I joined BYJU's as a fresher, straight out of college, no experience of corporate world, no technical skills but then, - I have met some of the craziest people in BYJU's. - have seen fights happening in meeting rooms to decide what is the best way to explain the concept, literal fights. - have seen people collaborating till midnight, without anyone forcing them too, and managers have to literally tell them to go home. - Seen most talented, jugadu, knowledgable yet humble human beings. - Seen a guy taking a power nap on a bean bag near his CPU. - have played pictionary, ordered rasmalais and kachodi from kota kachodi danced, played dumb charades for fun friday. - have seen people laughing, crying, cried and laughed. BYJU's office and the people working there have been able to create one of the most creative space to work in. but all of this is in closed curtain, and definitely this is the secret as to why, even after such a negative press, the products that BYJU's have in the market are 10 times better than the other competitors. not just that, even the traffic that comes to BYJU's website is enormous compared to other competitors. Yes there were a few problems with the system, but now its changing, I know for sure BYJU's will bounce back, much more stronger, better and bigger, for the education system, for the country for the world. hashtag #byjus
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