Byju’s: What Led To The Fall Of India’s Startup Darling and Is There A Way Out?
New Delhi, India – Byju’s, the once highly acclaimed startup in India’s educational technology sector, is now facing a significant downfall after experiencing a rapid rise in popularity and valuation. Led by billionaire CEO Byju Raveendran, the company was lauded for its unique approach to online and offline education courses, reaching an astonishing valuation of $22 billion in 2022. However, in recent times, the company’s success has taken a sharp decline, prompting investors to call …