Tuesday, 10 June, 2025
Byju’s Sells U.S. Assets Epic & Tynker at Massive Loss Amid Financial Strain
Byju’s has sold U.S. assets Tynker and Epic at steep discounts—Tynker went to CodeHS for $2.2 million (down from $200 million paid in 2021), while Epic sold to China’s TAL for $95 million (versus the $500 million acquisition in 2022). The sales, approved by a U.S. bankruptcy court on May 20, reflect Byju’s broader efforts to divest underperforming international assets amid deep financial challenges.
Read full story at Economic Times