Meet man who once built Rs 183000 crore ed-tech company, then faced insolvency, lost billionaire tag has now said…
The company saw exponential growth during the COVID-19 pandemic, reaching a peak valuation of $22 billion ((around Rs 1,83,000 crore) in 2022. However, aggressive expansion through costly acquisitions and marketing led to financial mismanagement. Byju Raveendran, the founder of Byju’s, took to X on Sunday and showed optimism about rebuilding his business “brick by brick”…