{"id":867698,"date":"2024-10-18T09:10:45","date_gmt":"2024-10-18T03:40:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=867698"},"modified":"2024-10-18T09:31:15","modified_gmt":"2024-10-18T04:01:15","slug":"byjus-worth-is-zero-today-as-investors-threw-it-under-the-bus-raveendran","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/18\/byjus-worth-is-zero-today-as-investors-threw-it-under-the-bus-raveendran\/","title":{"rendered":"Byju\u2019s worth is zero today as investors threw it under the bus: Raveendran"},"content":{"rendered":"<p>Edtech firm, Byju\u2019s which was once the most valued startup with a valuation of $22 billion, is worth zero today, founder Byju Raveendran said on Thursday in a virtual press conference.<\/p>\n<p>He attributed this to three of its key investors \u2013 Prosus, Peak XV Partners, and the Chan Zuckerberg Initiative \u2013 resigning from the board at the same time in 2023. Raveendran termed it as was one of the biggest setbacks for Byju\u2019s as raising funds became impossible.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Edtech firm, Byju\u2019s which was once the most valued startup with a valuation of $22 billion, is worth zero today, founder Byju Raveendran said on Thursday in a virtual press conference. He attributed this to three of its key investors \u2013 Prosus, Peak XV Partners, and the Chan Zuckerberg Initiative \u2013 resigning from the board at the same time in 2023. Raveendran termed it as was one of the biggest setbacks for Byju\u2019s as raising funds became impossible.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[63,4,12],"tags":[],"class_list":["post-867698","post","type-post","status-publish","format-standard","hentry","category-it-2-the-financial-express","category-newspapers","category-the-financial-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867698","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=867698"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/867698\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=867698"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=867698"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=867698"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}