Indian edtech giant Byju’s missed own revenue projections in FY21

Byju’s clocked a revenue of $305.6 million in the financial year that ended in March 2021, below its own projections, the Indian edtech giant disclosed in audited results Wednesday, following an 18-month delay that attracted scrutiny from lawmakers and local authority.
The Bengaluru-headquartered startup, India’s most valuable, reported a loss of $577.4 million in the aforementioned financial year, up from $32.9 million of FY20, it said.
Byju’s has publicly said in media interviews and other public appearances that it was on track to clock as high as $1 billion in revenue in the financia

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