TFIPOST हिन्दी
TFIPOST Global
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    amarnath yatra 2025

    No-Fly Zone Declared Over Routes On Amarnath Yatra

    Raja Raghuvanshi Murder: Meghalaya Police Recreates Crime Scene in Cherrapunji

    Raja Raghuvanshi Murder: Meghalaya Police Recreates Crime Scene in Cherrapunji

    FATF’s Rare Public Censure of Pahalgam Attack Strengthens India’s Case Against Pakistan

    FATF’s Condemnation of Pahalgam Attack Bolsters India’s Push to Greylist Pakistan

    Exhumation at Tuam Highlights Church-Run Institutional Abuse

    Ireland Digs Up Past: Exhumation at Tuam Highlights Church-Run Institutional Abuse

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    real estate

    US Firms Hit All-Time High in Office Space Leasing Across India: Report

    PM Narendra Modia

    11 Years of Modi Govt: Making Welfare Seamless with Direct Benefit Transfers, DigiLocker, UMANG

    India Ranks 2nd Globally in Social Security Coverage for the Poor, Says ILO

    India Ranks 2nd Globally in Social Security Coverage for the Poor, Says ILO

    real estate

    India Retains Top Spot Among Global Investment Hubs for Land and Development Projects

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    congress leader likens operation sindoor to a computer game

    Congress’ Patole terms Operation Sindoor as ‘Video Game’, Sparks Controversy

    India-Russia Pact on the Su‑57 as a Leap of Strategic Trust

    From Buyer to Partner: What the Su‑57 Means for India’s Military Autonomy Inside Russia’s Su‑57 Gamble with India

    Dassault and Tata to Begin Rafale Fuselage Production in India

    Dassault and Tata to Begin Rafale Fuselage Production in India, Marking Major Milestone in Defence Manufacturing

    Mock Drills Under ‘Operation Shield’ Scheduled Today in Border States and UTs

    Mock Drills Under ‘Operation Shield’ Scheduled Today in Border States and UTs

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Pakistan Army Chief Heckled in U.S.

    Pakistan Army Chief Asif Munir Heckled in U.S. Amid Parade Controversy

    FATF’s Rare Public Censure of Pahalgam Attack Strengthens India’s Case Against Pakistan

    FATF’s Condemnation of Pahalgam Attack Bolsters India’s Push to Greylist Pakistan

    A New Chapter in Indo-Canadian Relations: Past Challenges, Future Prospects

    A New Chapter in Indo-Canadian Relations: Past Challenges, Future Prospects

    The Divided Muslim World: Why Refugees Are Being Turned Away by Fellow Muslim Countries

    The Divided Muslim World: Why Refugees Are Being Turned Away by Fellow Islamic Countries

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    jagannath rath yatra

    Everything You Need to Know About Jagannath Rath Yatra: History, Significance, Rituals, and Celebrations

    Bobby Mukkamala Becomes 1st Indian-American President of AMA

    Bobby Mukkamala Becomes First Indian-American President of the American Medical Association

    The Vedic Ethos: A Civilization of Knowledge and Inquiry

    From Rigvedic Wisdom to Modern Decay: How Islamisation Crushed a Knowledge Civilization

    Ram Mandir Pran Pratishtha 2.0

    Thousands Gather in Ayodhya for Ram Darbar Pran Pratishtha Ceremony

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India's quantum leap

    India’s Quantum Leap: DRDO and IIT Delhi Develop Ultra-Secure Communication

    Revolutionizing Indian Agriculture through Digital Intelligence and Data-Led Governance

    Revolutionizing Indian Agriculture through Digital Intelligence and Data-Led Governance

    unhealthy food

    The 10 Most Unhealthy Foods You Might Want to Rethink

    How to Use CBD Oil: Methods, Benefits & Timing (For Humans and Pets)

    How to Use CBD Oil: Methods, Benefits & Timing (For Humans and Pets)

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
Tfipost.com
  • Premium
  • Politics
    • All
    • Analysis
    • Opinions
    • Trending
    amarnath yatra 2025

    No-Fly Zone Declared Over Routes On Amarnath Yatra

    Raja Raghuvanshi Murder: Meghalaya Police Recreates Crime Scene in Cherrapunji

    Raja Raghuvanshi Murder: Meghalaya Police Recreates Crime Scene in Cherrapunji

    FATF’s Rare Public Censure of Pahalgam Attack Strengthens India’s Case Against Pakistan

    FATF’s Condemnation of Pahalgam Attack Bolsters India’s Push to Greylist Pakistan

    Exhumation at Tuam Highlights Church-Run Institutional Abuse

    Ireland Digs Up Past: Exhumation at Tuam Highlights Church-Run Institutional Abuse

    • Analysis
    • Opinions
    • Trending
  • Economy
    • All
    • Business
    • Economy1
    • Finance
    real estate

    US Firms Hit All-Time High in Office Space Leasing Across India: Report

    PM Narendra Modia

    11 Years of Modi Govt: Making Welfare Seamless with Direct Benefit Transfers, DigiLocker, UMANG

    India Ranks 2nd Globally in Social Security Coverage for the Poor, Says ILO

    India Ranks 2nd Globally in Social Security Coverage for the Poor, Says ILO

    real estate

    India Retains Top Spot Among Global Investment Hubs for Land and Development Projects

    • Business
    • Finance
  • Defense
    • All
    • Defence
    • Strategy
    • Weaponry
    congress leader likens operation sindoor to a computer game

    Congress’ Patole terms Operation Sindoor as ‘Video Game’, Sparks Controversy

    India-Russia Pact on the Su‑57 as a Leap of Strategic Trust

    From Buyer to Partner: What the Su‑57 Means for India’s Military Autonomy Inside Russia’s Su‑57 Gamble with India

    Dassault and Tata to Begin Rafale Fuselage Production in India

    Dassault and Tata to Begin Rafale Fuselage Production in India, Marking Major Milestone in Defence Manufacturing

    Mock Drills Under ‘Operation Shield’ Scheduled Today in Border States and UTs

    Mock Drills Under ‘Operation Shield’ Scheduled Today in Border States and UTs

    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • All
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
    Pakistan Army Chief Heckled in U.S.

    Pakistan Army Chief Asif Munir Heckled in U.S. Amid Parade Controversy

    FATF’s Rare Public Censure of Pahalgam Attack Strengthens India’s Case Against Pakistan

    FATF’s Condemnation of Pahalgam Attack Bolsters India’s Push to Greylist Pakistan

    A New Chapter in Indo-Canadian Relations: Past Challenges, Future Prospects

    A New Chapter in Indo-Canadian Relations: Past Challenges, Future Prospects

    The Divided Muslim World: Why Refugees Are Being Turned Away by Fellow Muslim Countries

    The Divided Muslim World: Why Refugees Are Being Turned Away by Fellow Islamic Countries

    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • All
    • Culture
    • Education
    • History
    • Indology
    jagannath rath yatra

    Everything You Need to Know About Jagannath Rath Yatra: History, Significance, Rituals, and Celebrations

    Bobby Mukkamala Becomes 1st Indian-American President of AMA

    Bobby Mukkamala Becomes First Indian-American President of the American Medical Association

    The Vedic Ethos: A Civilization of Knowledge and Inquiry

    From Rigvedic Wisdom to Modern Decay: How Islamisation Crushed a Knowledge Civilization

    Ram Mandir Pran Pratishtha 2.0

    Thousands Gather in Ayodhya for Ram Darbar Pran Pratishtha Ceremony

    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • All
    • Books
    • Cinema
    • Entertainment
    • Food
    • Games
    • Health
    • Lifestyle
    • Satire
    • Sports
    • technology
    • Travel
    India's quantum leap

    India’s Quantum Leap: DRDO and IIT Delhi Develop Ultra-Secure Communication

    Revolutionizing Indian Agriculture through Digital Intelligence and Data-Led Governance

    Revolutionizing Indian Agriculture through Digital Intelligence and Data-Led Governance

    unhealthy food

    The 10 Most Unhealthy Foods You Might Want to Rethink

    How to Use CBD Oil: Methods, Benefits & Timing (For Humans and Pets)

    How to Use CBD Oil: Methods, Benefits & Timing (For Humans and Pets)

    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
No Result
View All Result
Tfipost.com
Tfipost.com
No Result
View All Result
  • Premium
  • Politics
  • Economy
  • Defense
  • Geopolitics
  • Knowledge
  • Law
  • Lounge

BYJU’s is (almost) bankrupt

Rahul Gupta by Rahul Gupta
30 August 2022
in Business, Economy
BYJU’s company
Share on FacebookShare on X

There is a very thin line between greed and ambition. With positive desire and determination, ambition can take you to the heights of business success with sky being the limit. But the greed to dominate the market can drown you in the trenches of deep oceans. That’s what seems to have happened with BYJU’s, an Indian multinational educational technology company.

In greed to become the biggest edu-tech company in the world, BYJU’s acquired dozens of companies during covid and post-covid times. They anticipated that due to the complete lockdown and online education programs, the education market will now completely shift to virtual mode. The early forecast of the company’s strategist proved to be wrong after the ease of lockdown restrictions. As the pandemic wave eased, almost every business returned back to the normal offline mode and the same happened with education sector. Consequently, the money dried up in buyouts and the shifting of business to offline mode limited the company’s resources of revenue. The situation has become so critical that BYJU’s is now struggling to fulfill its payment promises and in an effort to increase sales it is fooling poor Indians.

RelatedPosts

TFI stands vindicated: Byju’s heads toward insolvency proceedings as SC junks tribunal order giving relief to the edtech giant

Byju’s 20 Billion Dollar Loss: From Rise to Fall

BCCI bowls a beamer at BYJU’s

Load More

Fraud with Poor Indians

Reports suggest that BYJU’s company management has resorted to fraud in an effort to sell its online educational products. First, they target the lower and middle-class parents who would do anything to make lives of their children better. The salesman of the company lures parents with a dreamy future for their children and makes them ready for the loan process. Poor and illiterate parents unaware of the EMIs and interest process agree to take loans. As they realize the recurring cost of the purchase, the damage has already been done. They block the parent’s number and move on to the next target. This online Ponzi scheme has destroyed many poor families. In love with their children, they get entangled in a costly BYJU’s course and find themselves in deep debt.

These BYJUs stories are just really really sad ☹️https://t.co/A2IqT3rq6m pic.twitter.com/yftQm1qEwR

— Anmol (@anmolm_) August 29, 2022

Read More: BYJU’s on the road to become the next SAHARA….

Liquidity Crisis in BYJU’s

Once the flag-bearer of Indian startups, how BYJU’s reached such a glaring situation? Before the pandemic, the company was steadily moving towards the success of new heights. But, greed to monopolize the edutech market of the world ended up as a disaster. During the pandemic times they acquired dozens of companies like WhiteHat Jr, LabInApp, Scholr, HashLearn, Aakash Institute, Great Learning, GradeUp, US based Tynker and Australia based GeoGebra. In a zeal to dominate although they acquired the company but now they do not have money for payment of these costly buyouts.

BYJU’s company made a deal to buy Akash Educational Services Limited at $950 million in cash and stock payments. The deal is said to be one of the largest buyouts by any start-up. But, the unicorn edutech company constantly defaulted on its promised payments and now has increased its payment timeline to September.

Moreover, BYJU’s has still not filed the mandated financial statements and annual returns for the financial year 2020-21. The Companies Act 2013 requires every company to conduct an audit of its financial accounts and submit it to Ministry of Corporate Affairs. According to the MCA, the filing should not be delayed for more than seven months.

As investments in startups are decreasing, companies are finding it very difficult to manage their initial extravagant spending. Similarly, the initial spending of BYJU’s had already dried up their revenues, the low subscriber base further aggravated the financial conditions. In an effort to gain market share they resorted to unethical selling practices and started to loot poor people. They are yet to declare bankruptcy but they are already morally bankrupt.

Support TFI:

Support us to strengthen the ‘Right’ ideology of cultural nationalism by purchasing the best quality garments from TFI-STORE.COM

Also Watch:

Tags: BankruptByjusCompanyFailfraud
ShareTweetSend
Previous Post

Reliance and WhatsApp together means curtains for Blinkit, Zepto, Dunzo and Swiggy Instamart

Next Post

Shahrukh Hussain becomes Abhishek, India Today shows its Hindu-hatred again

Related Posts

real estate
Business

US Firms Hit All-Time High in Office Space Leasing Across India: Report

15 June 2025

Office leasing by American companies in India has reached historic levels, with 2024 setting a new annual record, driven...

PM Narendra Modia
Economy

11 Years of Modi Govt: Making Welfare Seamless with Direct Benefit Transfers, DigiLocker, UMANG

12 June 2025

Since 2014, the government under Prime Minister Narendra Modi has placed a strong focus on digital innovation as a...

India Ranks 2nd Globally in Social Security Coverage for the Poor, Says ILO
Economy

India Ranks 2nd Globally in Social Security Coverage for the Poor, Says ILO

11 June 2025

India has recorded a landmark achievement in expanding social security coverage, now reaching over 940 million people, according to...

Load More

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

I agree to the Terms of use and Privacy Policy.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Currently Playing

From love to murder- how five plots took down raja raghuvanshi

From love to murder- how five plots took down raja raghuvanshi

00:04:38

Marriage gone murderous: expert explains the gruesome murder case.

00:13:01

An Israeli tells why Israel hit Iran | Middle East Crisis |

00:33:03

From parliament to primetime: smriti irani is Tulsi again!

00:03:24

Islam is on the track to become the fastest growing religion in the world.

00:09:34
Facebook Twitter Instagram Youtube
tfipostTfipost.com
Right Wing | News Analysis | Indian Opinion
  • About us
  • Careers
  • Brand Partnerships
  • Terms of use
  • Privacy Policy
  • Sitemap

©2025 TFI Media Private Limited

No Result
View All Result
  • Premium
  • Politics
    • Analysis
    • Opinions
    • Trending
  • Economy
    • Business
    • Finance
  • Defense
    • Defence
    • Strategy
    • Weaponry
  • Geopolitics
    • Africa
    • Americas
    • Asia Pacific
    • Europe
    • South Asia
    • West Asia
  • Knowledge
    • Culture
    • History
    • Indology
  • Law
  • Lounge
    • Books
    • Cinema
    • Food
    • Health
    • Sports
    • technology
    • Travel
    • Satire
TFIPOST हिन्दी
TFIPOST Global

©2025 TFI Media Private Limited