Byju's, the leading Indian edtech company, has made headlines with the news of its US unit, Byju's US, filing for bankruptcy in Delaware. This development comes as a surprise to many as the company has been hailed as a success story in the education technology sector, revolutionizing the way students learn in India and other parts of the world.
Byju's, founded by Byju Raveendran in 2011, quickly gained popularity for its unique approach to online learning, combining engaging video lessons with interactive quizzes and assessments. The platform offers a wide range of courses and study materials for students from kindergarten to 12th grade, and also caters to those preparing for competitive exams like the SAT and IIT-JEE.