[9] Two years later, he continued helping people study for the CAT exam and, based on the good results, decided to quit his job.

[17] In 2021, Byju was heading advanced talks to acquire Vedantu for around $600-$700 million, but the deal didn't get through due to pending regulatory approvals.

[23] On 1 February 2024, multiple shareholders were reported to have signed a notice calling for a general meeting to address various issues at BYJU'S, including requests to change the company's board of directors and leadership.

Financial struggles, including a sharp decline in valuation to below $1 billion, investor backlash, and mounting regulatory issues, have put the company in a precarious position.

Internally, Byju’s was rocked by high-profile resignations, layoffs, and a noticeable decline in employee morale, signaling deeper issues with leadership and company culture.

These setbacks, alongside growing internal discord and a loss of investor confidence, have raised doubts about the company’s ability to recover and regain its former dominance in the ed-tech space.