Byju Raveendran, the founder of troubled edtech startup Byju’s, has expressed determination to rebuild the company after months of financial turmoil.
Despite facing deep financial distress, debt, layoffs, investor lawsuits, and regulatory scrutiny, Raveendran pledged to rehire former employees once the company is relaunched.
Byju’s, once India’s most valued startup, has lost billions in valuation, missed loan repayments, and faced criticism from customers and employees.
Since its inception, Byju's has raised over $6 billion in funding from investors.