"We Won't Give Up Till...": Byju Raveendran Addresses Media Narratives (Image:twitter/sagarnirmal091 )
In an exclusive interview with ANI, founder and Chief Executive Officer (CEO)of edu-tech company BYJU’S, Byju Raveendran talked about the allegations of toxic culture prevalent in the startup as well as recent controversies and criticism.
While speaking about the social media posts regarding toxic work culture prevalent in the company, that his workers were pushed to promote their services aggressively to students and their parents, Raveendran replied that these mistakes were made in the initial years and were corrected.
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“We have made mistake but all of that was in the initial years, we have corrected all of that by having guardrails. We had 15,000 sales people at the peak, even if 1% of them sell aggressively…. We had 6 million students but the complaints are in the thousands. Just a small percentage. On social media, things get blown out of proportion,” Raveendran said.
He also addressed media narratives about the company’s recent struggles and related criticism.
“We are not able to fight this media battle because it moves on the other side. It’s like large corporations on the other side. But we are not giving up. So you need to understand that we won’t give up till we win. How do you beat a person who never gives up?,” Raveendran said.
The Bengaluru-based company is undergoing financial difficulties, regulatory issues, and legal battles for a while.
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Began in 2011, Byju’s focused on students from kindergarten to class 12. Their popular learning app was launched in 2015.The edu-tech platform witnessed exponential growth and gained prominence during the COVID-19 pandemic as online learning became essential.
In 2019, the company attained the “Unicorn” status, valued over USD 1 billion and later hitting the USD 22 billion valuation mark in 2022.
