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Byju’s misses revenue projection in much-delayed financial account – TechCrunch

Byju’s misses revenue projection in much-delayed financial account – TechCrunch

 

Indian edtech giant Byju’s said on Saturday that revenue of its core business, its largest, in the financial year ending March 2022, stood at $429.18 million, making it clear that the most valuable Indian startup has missed the unaudited $1.25 billion revenue it projected for the group a year ago. Byju’s also missed its revenue projection in the financial year that ended in March 2021 — and also delayed filing of the accounts back then.The Bengaluru-headquartered startup, which has yet to file the financial accounts with the local regulator, shared partial data in a press statement today. The EBITDA loss for… 

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