EP-298 | ‘Fugitive’ Tag, Loan Default, Refund, BYJU’S 3.0, BCCI, SRK, Messi & Layoffs | Byju & Divya

Byju Raveendran is a teacher and engineer, and the founder of BYJU’S, once India’s most valuable edtech startup, valued at 22 billion dollars. Divya Gokulnath, his wife and co-founder, played a key role in shaping BYJU’S content and brand. BYJU’S saw a rapid rise followed by a sharp fall due to financial losses, governance issues, and legal troubles. Its fast expansion and multiple acquisitions put pressure on its operations and finances. Regulatory investigations and investor backlash made things worse, leading to layoffs, insolvency concerns, and a damaged reputation. In this edition of the ANI Podcast with Smita Prakash, Byju and Divya break their silence on the controversies surrounding them, from the $1.2 billion term loan case in the U.S. to legal battles and company acquisitions. Byju also opens up about the mistakes that led to the downfall of India’s edtech giant. Will there be a BYJU’S 3.0? What is the couple up to now? Why are they in Dubai? The founders reveal it all in this tell-all podcast. #anipodcastwithsmitaprakash #byjus #byjuraveendran #podcast Timestamps 00:00 – Coming Up 02:09 – Introduction 03:11 – 'Fugitive' Tag 05:41 – Lookout Notice by ED 08:54 – $1.2 Billion Term Loan Case in the U.S. 13:02 – Fight with U.S. Lenders 19:55 – BYJU’S Legal Crisis 21:53 – BYJU’S: Rise and Fall 26:13 – Aakash Institute Acquisition 28:18 – WhiteHat Jr. Acquisition 31:44 – Work Culture at BYJU’S 33:22 – Sales Model of BYJU’S 36:28 – USP of BYJU’S 39:31 – Media Narratives on BYJU’S 44:33 – BYJU’S–BCCI Dispute 47:21 – BYJU’S Ad Deal with Messi & SRK 52:20 – India’s Entrepreneurial Ecosystem 56:29 – Parents’ Refund Complaints 1:01:37 – BYJU’S: Highs and Lows 1:04:50 – BYJU’S 3.0 1:10:15 – Impact of AI on Entrepreneurship 1:15:14 – Introduction to Co-Founder Divya Gokulnath 1:17:09 – Divya Gokulnath’s Family Background 1:23:46 – Divya & Byju’s Marriage 1:27:21 – BYJU’S ‘Education for All’ Initiative 1:32:09 – Byju's Family Under 'Threat' 1:40:05 – BYJU’S Insolvency 1:45:00 – ‘International Fugitive’ Tag 1:55:17 – BYJU’S 3.0 2:02:06 – The India Story Join ANI's YouTube membership to get access to perks: https://www.youtube.com/channel/UCtFQDgA8J8_iiwc5-KoAQlg/join Subscribe now and press the bell icon 🔔 to get new video updates: https://bit.ly/2UV4ygi -------------------------------------- ANI is South Asia's leading Multimedia News Agency providing content for every information platform, including TV, Internet, broadband, newspapers, and mobiles. Subscribe now! Enjoy and stay connected with us!! ☛ Subscribe to ANI News YouTube channel: https://bit.ly/2UV4ygi ☛ Visit our Official website: https://www.aninews.in/ ☛ Follow ANI: https://twitter.com/ANI ☛ Like us: https://www.facebook.com/ANINEWS.IN ☛ Email to: [email protected], [email protected] ☛ Copyrights © All Rights Reserved ANI Media Pvt Ltd.