Byjus made losses of over 4,400 crores in the financial year 2021.
Byjus Failure
lack of Values
Byjus did not provide value for education, instead, it is heading as a business to make more money.
Byjus Failure
Sponsorships
There are massive layoffs on one side. On another side, it is spending crores for sponsorships. For FIFA Byjus spends over $18 million and Team India it spends over $55 million
Byjus Failure
Poor Content
The completion rate of Courses is dropping drastically. Many students do not finish the course due to poor content.
Byjus Failure
More Acquisitions
Byjus made a huge mistake by acquiring a lot of companies in 2020 and 2021. It acquired over 20 companies and spent over $2.2 billion.