From $22 billion to zero: Success, not failure, brought Byju down
Published on: May 27, 2026, 2:40 p.m. | Source: The Economic Times
Byju's, once a $22 billion edtech giant, has collapsed. Founder Byju Raveendran faces jail for contempt. The company's downfall stems from unchecked ambition and excessive spending during a period of abundant capital. Aggressive expansion and a reliance on pandemic-era growth proved unsustainable. Investors now fight over assets and loans as the once-celebrated startup lies in ruins.
