EdTech Crisis: Byju\
By MoneyCal Editorial Team • Published 2026
What's New
EdTech sector में dramatic collapse: Byju
Why It Matters
- 40,000+ job losses - Sales, content, tech teams laid off 2022-24
- Student refunds - ₹5,000+ cr stuck, recovery litigation ongoing
- Investor losses - $8-10B capital destroyed, 70-80% write-downs
- Traditional coaching revival - Offline classes regaining students post-EdTech crash
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Why PhysicsWallah Survived
Success formula जो बाकियों में नहीं था
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Key Facts & Data
| Byju | $22B to $2-3B (90% down) |
| Sector Job Losses | 40,000+ employees 2022-24 |
| Course Completion Rate | 10-15% only |
| Refund Requests | 30-40% of sales |
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Key Takeaways
- EdTech bubble completely burst - ₹1L cr to ₹10k cr collapse, 80% value destroyed
- Only sustainable models survived - PhysicsWallah affordable, profitable, founder-led
- Traditional coaching reviving - Offline demand back, hybrid winning