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Former Edtech Star Byju Raveendran Drops Off List Of India’s 100 Richest – Forbes

Former Edtech Star Byju Raveendran Drops Off List Of India’s 100 Richest – Forbes

 

Share to FacebookShare to TwitterShare to LinkedinThis story is part of Forbes’ coverage of India’s Richest 2023. See the full list here. After being among India’s 100 richest for four years, math tutor-turned-edtech entrepreneur Byju Raveendran, 43, is a notable dropoff this year. Battered by challenges, including an auditor’s resignation over long overdue financial results and the mass exits of board members, his edtech startup Byju’s saw its once-lofty valuation plummet. ssIn July, Netherlands-based investment group Prosus, formerly Naspers, disclosed that it had written down its 9.6% stake in the Bangalore company’s parent, privately owned Think & Learn, to $493 million… 

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