In January, after several missed deadlines, T&L had reported a consolidated loss of 82.3bn rupees ($1bn, 792.3m) for 2022. The company is yet to present its audited financials for 2023, missing the December deadline it had set last year.
Byju’s has also been accused by customers of pressure selling – allegedly coercing parents into buying courses they couldn’t afford. Social media is flooded with complaints accusing the company of jeopardising the savings of vulnerable people. In 2021 ... Read even more