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The downfall of Byju's: How the world's most valuable learning app became a trap

The group is facing an acute liquidity crunch. Amid mass layoffs and deep losses, the former billionaire founder has sold his homes to pay salaries. Still, Raveendran is not entirely out of options. Byjus could raise funds by selling Epic!, its US-based kids digital reading platform. At home, its physical test-prep business has seen interest from a wealthy Indian investor. In a sale or initial public offering of the unit, the crown jewel of the shrinking empire could fetch more than the nearly $...
United States Byju Alpha Shah Rukh Khan Lionel Messi Byju Raveendran Pradip Saha

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