Byju Raveendran Vows To Rebuild Edtech Firm, Says 'Broke, Not Broken'. See How Netizens Reacted

Once valued at $22 billion in 2022, Byju’s has been caught in a downward spiral due to financial instability, regulatory roadblocks, and legal disputes with investors.

The post recieved a lot of backlash from Netizens, with many calling out the edtech start-up for failing to do justice to the parents who invested their funds in the company for their educational services.

Source : PTI

Byju Raveendran, the founder of edtech giant Byju’s, has vowed to rebuild his embattled company despite its recent struggles.

In a post on social media platform X, formerly known as Twitter, the start-up founder wrote, “Broke, not broken. We will rise again,” alongside an old photograph of himself.

Broke, not Broken. We will rise again. pic.twitter.com/dAekepwCtf

— Byju Raveendran (@ByjuofBYJUS) March 30, 2025

Once valued at $22 billion in 2022, Byju’s has been caught in a downward spiral due to financial instability, regulatory roadblocks, and legal disputes with investors. The founder has largely remained outside India since late 2023, a period that coincided with the company’s deepening troubles, including growing debts and boardroom conflicts.

Since joining X on Friday, Raveendran has been sharing insights into Byju’s journey over the last 20 years.

In a separate post, he wrote, “Nothing is ever as good as it seems, nor as bad as they make you believe. The truth usually lies somewhere in between. So I’m here to talk about the last 20 years: the good 17, the bad 2 & the ugly 1. No filters. Only facts."

Once we relaunch our company - which I believe will happen sooner than expected - we will rehire exclusively from our incredible pool of former BYJUites.​ My hyper-optimism may seem crazy to some. But let’s not forget that you have to be odd to be number one.

— Byju Raveendran (@ByjuofBYJUS) March 29, 2025

He also highlighted Byju’s contributions to India’s workforce, revealing that the company hired 2,15,000 fresh graduates over nine years. Each of them was offered a fixed minimum salary of Rs 6 lakh, regardless of their educational background or prior experience, he claimed.

“Byju’s was built by these 2 lakh freshers with zero experience, exceptional talent and infinite energy. They went on to become productive members of our economy. Some became entrepreneurs and created jobs. All they needed was that first elusive opportunity,” he stated.

Netizens React

The post recieved a lot of backlash from Netizens, with many calling out the edtech start-up for failing to do justice to the parents who invested their funds in the company for their educational services.

One user noted, "All that hard earned money of parents which they had put in Ur company with a faith you'll provide a quality education U LOOTED OUR MONEY. except books nothing u provided no lectures no weekly doubt sessions NOTHING! So many calls made to clear doubts 75k u had charged for JEE."

Meanwhile, another individual said, "Arrogance and greed can only take you far enough for you to fall. Hope you have learned your lessons."