Byju Raveendran on social impact
From Byju's Co-Founders Speak On Dreaming Big In India | India Today Conclave 2023 · · India Today
“What people don't know us for is what I feel we are most successful for, it is for education for all which is our social initiative. And over the last two years we've impacted 55 lakh children from the deepest parts of the country, all over India, half of them are girls. So we're working with multiple state governments, we're working with NITI Aayog, helping children of border states close to one lakh of them. And that for us, if you ask me what is break even, for every paying student we have one child learning with us for free. That for us is a mission because education after all has the benefit of a double bottom line of doing well and doing good.”
On , Byju Raveendran, CEO & Founder at Byju's, spoke about social impact during Byju's Co-Founders Speak On Dreaming Big In India | India Today Conclave 2023 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.