But looking at 2021 would be jumping the gun a bit — the beginning of 2020 changed everything for edtech, and gave unicorns like BYJU’S a misplaced hope about the future of online learning.

Recoveries will need to come from how Indian courts rule on the company's broader insolvency plan and how it aims to repay ...

Even though the company was incorporated in 2011, Byju Raveendran, along with the founding team, started working on building an online learning product in 2009. The BYJU’S learning app was ...

Byju’s, which is known for its learning apps, owes more than $1.2 billion to lenders in the US. A few years ago, the company bought Epic! Creations and Tangible Play for $820 million.

But there are lessons to be learnt. Byju’s, which prided itself on its interactive learning method from kindergarten to Class 12, is silent on questions investors have. A fresh fund infusion is ...

The case is shaping up as a lesson about the perils of lending at a time when money can rapidly disappear across borders.