2022 has been a bad year for Byju's, the world's most valued EdTech company and India's most valued start-up. From teaching a stadium of students a few years ago to owning Byju's, founder Byju Raveendran & his wife Divya Gokulnath have come a long way. But now, be it layoffs, problems in revenue recognition, scrutiny over aggressive sales, or mounting losses, Byju's is dousing one fire after another. Here's a comprehensive account of how Byju's stunning rise followed by the cracks and why its survival is crucial for the Indian startup ecosystem.
#byjus #startup #layoffs
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