Friday, 24 March, 2023

Edtech unicorn Byju's audited revenue may be lower than expected

<p>Byju&#39;s audited revenue and the anticipated figures can fluctuate significantly. The unicorn&#39;s co-founder and CEO, Byju Raveendran, has informed the board members and shareholders of the distinction. The business has not yet turned in its FY21 annual report. The disparity, according to Raveendran, could be the result of a shift in how the start-up recognises its revenue, the study states. The actual income would be less than anticipated.</p>