Byju Raveendran on edtech market growth
From Byju's Founder Couple At India Today Conclave 2023 | Love In The Time Of Start-Ups · · India Today
“the Indian market is growing the ethic Market is growing at 40 percent while the global attack Market is just growing at 16.4 percent which itself is very good if anything India is bound to become the edtech capital of the world”
On , Byju Raveendran, CEO & Founder at Byju's, spoke about edtech market growth 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.