Byju Raveendran on employment
From Byju's Founder Couple At India Today Conclave 2023 | Love In The Time Of Start-Ups · · India Today
“everyone talks about the 2500 people who we had to lay off during those three months but no one talks about the 25 000 we hired during the last 12 months in Feb of this in February of this month we have hired 2 000 new people we are we are the largest startup employer in the country by a margin across our companies we have 55 000 people working for us 55 000”
On , Byju Raveendran, CEO & Founder at Byju's, spoke about employment during Byju's Founder Couple At India Today Conclave 2023 | Love In The Time Of Start-Ups on India Today.
About Byju Raveendran
Byju Raveendran, founder and CEO of Byju's, was sentenced to six months in jail by a Singapore court for contempt of court after failing to comply with multiple asset-related orders. The sentencing was reported on May 27, 2026, as part of ongoing legal and financial troubles for the company, which once reached a $22 billion valuation but has since faced a bankruptcy trial and severe valuation cuts. In earlier statements, Raveendran acknowledged that the company made "mistakes" in its sales practices, describing a "thin line" between mis-selling and aggressive selling as it expanded its sales force. He expressed no regret for the rapid scaling, stating it provided access to education for students in small towns. Raveendran also said the company was not built for an exit or profit, but to improve learning for students.