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How Byju’s Went From Edtech Unicorn to Edtech Disaster: 10 Reasons Behind Its Failure

Byju's: The Rise and Fall of an Edtech Giant Byju's, the world's largest edtech company, was once hailed as a success story of innovation and disruption in the education sector. Founded in 2011 by Byju Raveendran, a former teacher and engineer, the company offered online learning solutions for students from kindergarten to competitive exams and professional upskilling. Byju's claimed to have over 150 million registered users and 10 million paid subscribers across 120 countries, and was valued at $16.5 billion in 2021, making it India's most valuable startup. However, in 2022, Byju's faced a series of controversies and challenges that tarnished its reputation and raised questions about its sustainability and ethics. Here are 10 reasons why Byju's is failing: 1. Layoffs : In 2022, Byju's laid off over 2,500 employees, or 5% of its workforce, citing restructuring and cost-cutting as the reasons. However, many former employees alleged that they were fired wi