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

6 hours ago

2 Less than a minute

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.” Speaking to a group of journalists, Raveendran said the company’s aggressive acquisition of more than two dozen startups to expand […]

6 hours ago

2 Less than a minute