In the annals of India’s startup ecosystem, Byju’s once shone like a beacon of success. Back in June 2021, the company was valued at USD 16.5 billion, outstripping Paytm as India’s most valued startup. Fast forward to the summer of 2022, Byju’s valuation soared to USD 22 billion. However, as the world watched in awe, a series of events began to unfold.