About BYJU’S
BYJU’S is an educational technology company that develops personalized learning programs for K-12 students.
Financial
BYJU’S faces significant financial and legal challenges. Prosus and BlackRock have written off their stakes in the company, once valued at $22 billion. An Indian court has initiated insolvency proceedings against BYJU’S over unpaid debts, and the company is appealing the decision. Additionally, BYJU’S has settled a $19 million payment dispute with India’s cricket governing body.