‘Byju’s worth today is zero’, says founder Byju Raveendran

BENGALURU: Byju Raveendran on Thursday said there is no fraud and if there were fraud, the founders would take money out, but “we have reinvested our money back into the company,” the founder of edtech firm Byju’s said at a press conference.

Calling for rebuilding the edtech firm, “Today, Byju’s is worth zero. We have lost the confidence of the investors,” he said, acknowledging the difficult period of the company.