Byju Raveendran, the founder of Byju’s exists Forbes’ Billionaire Index for 2024

Byju Raveendran, the founder of Byju’s, is not a billionaire anymore. He’s not on Forbes’ Billionaire Index for 2024. His company faced big problems, and now he’s not as rich as he used to be.

Byju Raveendran’s net worth took a big hit when it was revealed that Byju’s lost more than $1 billion for the year ending March 2022. This hurt the company’s finances.

In 2024, Byju Raveendran’s company’s value dropped a lot. It went from being worth $22 billion in 2022 to just $1 billion.

Byju Raveendran used to be famous in the world of education technology. But now, his situation has changed a lot. Just a year ago, he was worth Rs 17,545 crore ($2.1 billion), but now he’s worth nothing, according to Forbes. His company, Byju’s, went through some tough times, and its value dropped a lot. Last year, it was worth $22 billion, but now it’s only worth $1 billion.

Byju’s

BYJU is the biggest education technology company in India. They made the most popular learning app for schools in India. BYJU’S started in 2015, and their app is personalized to help students learn better.

Byju’s Valuation

Byju’s, a company started by Byju Raveendran, faced a lot of problems since 2022. Its value dropped from $22 billion to just $1 billion. This drop happened because an investor called BlackRock marked down its value. Byju Raveendran, who was known for starting Byju’s, now doesn’t have any money left from his company, according to Forbes.

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Networth

Byju Raveendran, the founder of Byju’s, a big education technology company in India, lost all his money. Last year, he was worth ₹17,545 crore ($2.1 billion), but now he doesn’t have any money left, according to Forbes.

Education

Byju was born in 1980 in a village called Azhikode in Kerala, India. His parents, Raveendran and Shobhanavalli, were teachers – his dad taught physics and his mom taught math. Byju went to a school where they taught in Malayalam, and his mom was one of his teachers. Sometimes he would miss classes but he would learn things at home instead.

Byju Family

In 2009, Byju married Divya Gokulnath. She was one of his students from earlier. They have two sons together.