Business & Economy: India’s edtech sector has seen a dramatic shift with the downfall of Byju’s, once valued at $22 billion. While many of its acquired startups crumbled, Great Learning has emerged as a rare survivor.

How Great Learning escaped Byju’s collapse

“I saw my father breaking down” and “it made me feel a sudden pain,” Byju Raveendran wrote in a letter to Byju’s employees. Once called India’s ed-tech behemoth, as it earned the title of India’s most-valued startup, Byju’s today is reeling under heavy setbacks, including a liquidity crunch, accounting irregularities, scrutiny from government bodies, alleged mis-selling of courses, predatory marketing, overpricing, mass layoffs, among others.

Explained | From BYJU’S celebrated hero to despised villain, the story of Byju Raveendran

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How Great Learning escaped Byju’s collapse

Explained | From BYJU’S celebrated hero to despised villain, the story of Byju Raveendran