Byjus Crisis Real Reasons - Shareholders FIRED Byju Raveendran? | Byjus EGM | Byjus News

Management Consulting Program that I personally lead at Blue Chapter: https://bluechapter.com/consulting-ex...

If you are applying for fall 2024 MBA programs, check out the global MBA fellowship program: https://bluechapter.com/global-mba-fe...

*****

Follow me here LinkedIn -   / pavan-sathiraju  
Instagram -   / pavan.sathiraju  

*****

Byjus latest news about Byjus EGM where Byjus shareholders decided to fire Byjus CEO Byju Ravindran has been making rounds all over the business news headlines. This latest Byjus news has raised a lot of questions, not only about the Byjus crisis or the downfall of Byjus but also about the future of Ed-Tech industry in India. These questions are not easy to answer unelss we understand what really happened at Byjus.

The Byju Raveendran fired news has made everyone question the Byjus success story. The Byjus financial crisis was a big news just some days ago and now this new piece of news had made things worse for the erstwhile Byjus founder. We earlier heard about the Byjus lookout notice, and also about the the Byjus ED (Byjus Enforcement Directorate) issues relating to the Byjus financial crisis.

The Byjus current affairs do not present a good picture for India’s biggest ed-tech startup. Byjus startup success is now overshadowed by the Byjus crisis news as well as the news of Byjus founder fired after the Byjus EGM. Byjus share news has been dismal over the last few months as the valuation of the company has been plummeting constantly. In this video, I did a Byjus news analysis trying to explain what is happening at Byjus.

Byjus news latest updates have shocked everybody, mostly the people associated with the Ed-Tech industry or Ed-Tech startup scene. We earlier heard news about Byjus founder crying or Byjus founder breaking down, these news pieces were not verified but today this latest news of Byjus Raveendran being fired must’ve put the Byjus founder a lot of stress which he earlier may have tried to avoid.

The decision taken in the Byjus EGM is currently under scrutiny by the respected courts, however we can see a lot more drama at Byjus in the coming weeks. The core question here is about the nature of education and what problem exactly Byjus was trying to solve. The answer to this question lies in the fact that in my opinion, education is highly personalized and we cannot commoditize education without compromising on the end-goals and quality of the education in the process.

Byju's toxic work culture is known for a long time which has put many employees into a lot of problems. At the same time, having the brand name Byjus on their resume is making things difficult for the former employees of Byjus. This is a tough time for them just as much as it is a tough time for Byjus Raveendran. Byjus bankruptcy controversy may end sometime soon, however the aftermath of the fallout between Byjus shareholders and Byjus founder Byju Raveendran after the Byjus EGM is going to last for quite some time now. Hope you find this video valuable, see you in the next one.

*****

About Me

I publish meaningful and valuable content on this channel. My aim is to make business news more accessible and easy to grasp. If you find my videos informative and insightful then make sure to subscribe and leave a comment. I’ll see you in the next video

*****

Chapters

0:00 - Intro
0:43 - Byjus EGM
1:48 - Byju’s Startup Story
4:23 - Byjus Investors’ Issues
5:35 - Byju’s Employees Issues
6:43 - Why Byju’s Failed?
7:37 - Outro