Who is the real owner of Byju's?

Byju's owner is primarily its founder, Byju Raveendran, along with his wife, Divya Gokulnath, who co-founded the Indian edtech company in 2011; however, the company faces significant financial distress, with Raveendran personally ordered to pay over $1 billion by a U.S. court in late 2025 due to disputes with lenders over missing loan funds, leading to a complex legal situation and bankruptcy proceedings.

Why did Akash leave Byju's?

Once BYJU'S became entangled in insolvency proceedings, the commercial relationship with Aakash grew fraught. Creditors represented by GLAS Trust and the resolution professional for BYJU'S moved to prevent Aakash from taking steps they said would undermine the ability of lenders to recover value.

How much did Byju's pay Shahrukh Khan?

In 2017, the Bengaluru-based start-up had signed up the Bollywood actor as its brand ambassador for an annual fee of nearly Rs 4 crore, and he has been the ed-tech platform's most visible face ever since.

How did Byju's collapse?

Once an education IT pioneer, BYJU'S, failure convoluted startup workers, investors. Byju failed due to financial mismanagement. Bad decisions and inconsistent financing prevented the corporation from paying its obligations. Company disagreements and leadership instability hurt BYJU'S operations.

Why is Byju's closed?

In 2024, the company faced severe financial and operational challenges due to which it laid off approximately 500 employees, mainly from its sales and marketing departments. As of 2025, the company is under insolvency proceedings in India.

The Satisfying Downfall of Byju's

Where is Divya Gokulnath now?

In March 2022, Divya Gokulnath was appointed as the Federation of Indian Chambers of Commerce & Industry's EdTech Taskforce Chair.

Who is rich, Virat or SRK?

Shah Rukh Khan is significantly richer than Virat Kohli, with recent estimates placing Khan's net worth as high as $1.4 billion (₹12,490 crore) as a billionaire entertainer, while Kohli is a top-earning athlete but has a lower overall net worth, though he leads in brand value in some reports. Khan's wealth comes from decades in Bollywood, his production house Red Chillies, and IPL team ownership, whereas Kohli earns from cricket, high-profile endorsements (Puma, MRF), and his own businesses.
 

Is Aakash still owned by Byju's?

About $1 billion was paid for Byju's acquisition of Aakash Institute in April 2021. At Aakash Institute, Deepak Mehrotra has been appointed MD and CEO. The creator of Byju recognised his commercial skills. Currently, 40% of Aakash is owned by Ranjan Pai, the head of the Manipal company.

Which actor charged 300 crore?

Allu Arjun, the highest-paid Indian actor, received a whopping Rs 300 crore for Pushpa 2. Here are 8 other actors who charge more than Rs 100 crore for a film.

Who is taking over Byju's?

In a decisive move that could reshape India's education sector, the Manipal Group, led by Dr. Ranjan Pai, has submitted a second Expression of Interest (EoI) to acquire edtech unicorn Byju's, which is currently undergoing insolvency proceedings.

Who is the current owner of Aakash?

In Aakash, Think & Learn owns a 26 per cent stake while Byju Raveendran owns a 17 per cent stake. Manipal Education and Medical Group (MEMG), led by Ranjan Pai, owns the majority 40 per cent stake in Aakash, which it acquired in January 2024 by converting a USD 300 million debt investment into equity.

How much did Byju's pay for Aakash?

BYJU'S acquires Aakash Educational Services for $1 billion.

Is Byju Raveendran no longer a billionaire?

His company has been troubled with a series of crises since 2022. Byju Raveendran, co-founder of troubled edtech firm Byju's, is no longer a billionaire, according to the recently-released 'Forbes World's Billionaires List 2024'.

Can I try BYJU'S for free?

Book a FREE trial class. 📹Interactive videos- FREE access to 50,000+ learning videos, available in 6+ languages.

Who is Divya Gokulnath?

Divya Gokulnath is the co-founder of BYJU'S – the world's leading edtech company. As a teacher and member of the board, she is a firm believer in curiosity-led learning and putting students in the driver's seat.

Why did Byju's collapse?

This growing customer dissatisfaction only made things worse for its already shaky reputation. Governance problems were another major factor in Byju's downfall. In 2023, key investors, including Prosus Ventures and Deloitte, resigned from the company's board, citing concerns about how it was being managed.

Is Aakash in debt?

Aakash Exploration Services's operated at median net debt / equity of 33.8% from fiscal years ending March 2021 to 2025. Looking back at the last 5 years, Aakash Exploration Services's net debt / equity peaked in March 2023 at 44.3%.

Who bought Akash?

BYJU's Acquires Aakash: Ed-Tech Expansion. BYJU's has acquired Aakash Educational Services Limited (AESL) in an all-cash deal worth approximately $1 billion. AESL is a 33-year old test preparation institution for medical and engineering entrance exams, with over 200 coaching centers across India.

Who is India's no. 1 richest actor?

The #1 richest actor in India, and arguably the world, is Shah Rukh Khan (SRK), who entered the billionaire club in 2025 with an estimated net worth of $1.4 billion (₹12,490 crore) according to Hurun India Rich List 2025, leading all other Indian celebrities with significant wealth from his acting, production house (Red Chillies Entertainment), and cricket team ownership.
 

Who is richer, Dhoni or Kohli?

While both are incredibly wealthy, recent estimates (late 2024/early 2025) suggest Virat Kohli's net worth is slightly higher than MS Dhoni's, with Kohli around ₹1,090 crore and Dhoni around ₹1,060 crore, though figures vary slightly by source, with Kohli often cited at ₹1,050-1,090 crore and Dhoni at ₹1,000-1,060 crore, primarily due to his massive brand endorsements and IPL earnings.
 

What is 269 Virat Kohli?

"269" in the context of Virat Kohli refers to his Test cap number, meaning he was the 269th player to represent India in Test cricket; he used this number in his emotional social media post when announcing his retirement from the Test format in May 2025, signifying his journey as a Test cricketer.
 

Did Divya get money from Facebook?

Back in 2004, Divya Narendra and the Winklevoss twins took Mark Zuckerberg to court for alleged intellectual property infringement, eventually walking away with a cash/stock settlement now estimated to be worth well over $100 million following Facebook's IPO.

Is Byjus in loss or profit?

Consolidated net loss surged 81% to INR 8,245.2 Cr in FY22 from INR 4,564.3 Cr in FY21. This staggering loss of close to $1 Bn meant that BYJU'S was worse off than many believed.

Is Byju Raveendran a Malayali?

In this exclusive episode, Arjun Mohan opens up about the real Byju Raveendran not the headlines, not the assumptions, but the Malayali founder who built India's biggest EdTech company from scratch. This is a side of Byju's story the world hasn't...