Why did Byju's stop?

Byju's didn't completely stop but faced a massive downfall due to unsustainable debt from aggressive expansion, massive marketing spend (like FIFA sponsorship), alleged accounting issues, and a post-pandemic slowdown in online learning demand, leading to investor disillusionment, major layoffs, and legal battles with lenders. The company, once valued at $22 billion, struggled with cash flow, inflated financials, and a loss of market trust, resulting in bankruptcy filings for its U.S. arm and a collapse in valuation.

Why is Byju's closed?

Byju's was experiencing a severe funding crunch as of December 2023. The business was at odds with US lenders over unpaid interest on a $1.2 billion term loan. Byju's listed two important assets for sale in an effort to raise between $800 million and $1 billion to help with its financial difficulties.

What is the reason for the downfall of Byju's?

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.

Will Byju's come back?

BYJU'S 3.0 is back: Can the edtech company reclaim the trust Byju Raveendran has lost? BYJU'S embarks on a bold transformation with "Byju's 3.0", aiming to regain public trust after financial turmoil, legal challenges, and investor exits.

Why is Byjus not opening?

I have downloaded the BYJU'S app but the screen is not loading, what do I do? If the screen is stuck or not loading further, please uninstall and reinstall the app, making sure there's an active internet connection to do so.

ലോ കോളജിലെ രക്തസാക്ഷി സ്തൂപ വിവാദം, വീണ്ടും ഹെെക്കോടതിയെ സമീപിക്കാനൊരുങ്ങി KSU

Is BYJU's still working?

other Byju's apps are still live, and the learning app is available on apple's app store. The company is now under insolvency proceedings amid investor and legal troubles — but founder raveendran is already hinting at a comeback with 'Byju's 3.0'. If you're using Byju's, what's your next move?

Who is the current CEO of Byjus?

Meet Byju Raveendran, the owner, founder, and CEO of BYJU'S – the world's leading edtech company. Born and raised in a small village in coastal Kerala, Byju attributes the lessons he has learned about teamwork, performing under pressure, leadership, etc to playing sports.

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?

ET is reporting that Byju's has suspended its association with Shah Rukh Khan. He was supposedly paid 3-4 crores for his association with the brand.

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.

What is Byju Raveendran doing now?

Philanthropy. Byju Raveendran along with his wife Divya Gokulnath started a foundation whose program Education For All(EFA) provided free education and courses to 3.5Million underprivileged students. with the aim to touching this number to 5 Million.

How many employees were removed from Byju's?

BENGALURU: Amid a funding crisis and a series of legal battles, troubled edtech firm Byju's has fired 500 employees, including teachers. Currently, the company has nearly 13,000 employees.

Can I get a refund from Byjus?

Mode of Refund:

All applicable refunds shall be paid through cheques or online transfer ONLY, in the name and to the account of the Customer within a reasonable period of thirty (30) calendar days from the date on which a written confirmation is provided to the Customer for approval of such refund.

Is Byju's recovering?

there was nearly ₹100 crores of cash flow coming in from India alone. In this clip, Arjun Mohan breaks down the business reality behind the headlines that Byju's had already begun recovering on a pure business point of view, even when the narrative outside was filled with chaos.

Is Aakash still owned by Byjus?

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.

How did Byju's collapse?

Since Byju's core offering was online learning, this severely impacted its growth potential and led to increased losses. For example, its 2021-22 financial statements revealed a loss of ₹5,592 crore, while it was a loss of ₹2,428 crore during the previous year.

Who is richer, 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.
 

How much did Byju's pay for Aakash?

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

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 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.

What is the dispute between BYJU's and Aakash?

The grievance centres on Aakash's refusal to allot shares worth Rs 25 crore to Think & Learn in a recent rights issue. Aakash received the subscription money, but kept the amount in suspense and did not issue shares to Think & Learn. The company cited worries over foreign exchange rules and other regulatory issues.

How much was Aakash Institute sold for?

Byju's had announced Aakash's acquisition for $1 billion in 2021, and the deal had two parts. Byju's paid 70% of the amount in cash, while the remaining 30% was to be covered through a share swap, in which the Chaudhrys and Blackstone would have received a stake in Byju's.

Is Byju Raveendran a billionaire?

No, as of April 2024, Byju Raveendran is no longer a billionaire.

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.

What are the criticisms of Byju's?

Criticism: BYJU's has been criticized for its lack of transparency and accountability. The company has also been accused of using aggressive sales tactics and misleading marketing claims. Overall, BYJU's is in a challenging position.