Byju’s 2 US assets sold for a pittance

Putting up a brave face, Byju Raveendran said in a recent interview that despite all his troubles and ongoing litigation, he will come out stronger and launch ‘Byju’s 3.0′. The edtech major’s current situation, however, signals that the road ahead could be anything but smooth. The troubled firm has been forced to offload two of its US assets, Epic and Tynker, at a fraction of their original acquisition cost in a court-approved distress sale.