Byju's & Insolvency ❌

• Byju's, once valued at $22 billion, faces insolvency proceedings, likely forcing thousands of employees to quit and shutting down services.
• The company, backed by investors like Prosus and General Atlantic, has faced job cuts, valua...

• Byju's, once valued at $22 billion, faces insolvency, causing panic among employees.
• U.S. lenders seek $1 billion in unpaid dues, leading to a court battle and asset freeze.
• Employees, unpaid for months, consider protests and law...

• Byju's founder, Raveendran, declared the company's worth as zero after key investors resigned from the board.
• The resignations made it impossible for the edtech firm to raise further funds.
• Raveendran expressed regret over taking...

Earlier used to see a lot of stuff Byju's on GV. Seems like either everyone has left, or they've asked employees to not say anything