BYJU'S Story From Glory to Crisis: Trust Lost, Layoffs Escalate | Vantage With Palki Sharma

BYJU'S Story From Glory to Crisis: Trust Lost, Layoffs Escalate | Vantage With Palki Sharma

Byju's, once India's celebrated unicorn in education technology is now facing a severe crisis. The company's valuation is plummeting, layoffs are increasing and legal battles are mounting. A funding squeeze is hitting Indian startups, leading to financial struggles and job losses.

Has Byju's become a cautionary tale for startups in India? How can Byju's crisis affect the Indian startup scene? Palki Sharma decodes.

BYJU's | India | Indian Startups | Layoffs | Business | Byju Raveendran | Firstpost | World News | Vantage | Palki Sharma

#byjus #india #startup #layoffs #byjuraveendran #palkisharma #firstpost #vantageonfirstpost #worldnews

Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.

The show is anchored by Palki Sharma, Managing Editor, Firstpost.

By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories – making Vantage a destination for thought-provoking ideas.

Vantage airs Monday to Friday at 9 PM IST on Firstpost across all leading platforms.
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[Savarkar]

One strong reason is, while growing big Byjus has sacrificed morals. Unethical marketing and litrrally cheating their clients has been their culture. Without assessing the potentials, the growth becaused of forced selling was taken for granted.

That was bubble to blow on its own blunders. No wonder. No mercy. Not even a kind wird for Byjus.

[vishalbapat]

Byjus getting the taste of their own medicine.

[anupaul]

2 years before one executive from Biju's came to my home after begging me through phone for an appointment, after meeting my child, I told I will take the plan after discussing with my wife. Then he got angry and said to me that i spoiled his time and so and so. On that day I felt that this company's management is not doing well.

[hedonistclub]

The issue is that all these start ups want to grow too fast, too soon.... All good things take time and sacrifice...

[Satya]

Imagine all those employees who left the organisation, we knew this day would come

[vedaenterprise]

Byju is an educational initiative without education😂😂😂

[Rohitdada]

don't feel anything for byjus .... they were no a education startups they just course selling and marketing firm...😅

[sandeeppatil]

BYJU's Brand Ambassdor was Shah Rukh Khan and the mindset reveals everything!!! Result was obvious to be disastrous for BYJU !!

[sreenivasanmadayil]

Evading tax is not the easiest way to become rich.

[pramodapte]

Byjus hired SRK for advertisement and it was sure to crumble.

[vajidkhan]

Business without profit will not sustain... How they miss this simple fact.

[drkranthi]

Startups spending on celebs for ads is sure way to fall. Idiots shud spend on talent, research and employees welfare.

[kalyans]

Boycott Byjus in India their brand ambassador is khan ...

[AadhiraiSathyavathi]

Fact: Byju's would impend, Camp-K12's entry to India, apparently.

Unacademy also on the same line! Better watch out!

How many Indian Startups are focused on Education, Scholastics & Academics ?

So, Byju's has become the Target, whose Next!

#MinistryOfEducation #IIT #IIM #NIT Are you on the same Page ?

[alithaufeeq]

Jus men nah ves minivankamaa eki uleveyne India gai.inshaallah.❤

[thiripurap]

I ended up paying for 2 packages due to miscommunication from byjus marketing team n when I wanted a refund I was refused even after multiple calls....no wonder they have landed where they have

[hannahjones....bangaloreth]

My nephew working for Byjus was under pressure his name was Naveen at Bellary Karnataka due to work load and haressing tensions he died of heart attach at the age of 31

[BharaniNath]

They did not have revenues but they were burning money on FIFA World Cup and Lionel Messi. Crazy.

[isshiomi]

High attrition rate due to wrong practices...Lack of ethics..

[achievers]

Centre encourages entrepreneur career but don't want to support entrepreneur. That's why government job is favorite for the students.