
Byju's CEO Raveendran defends startup strain, says "toxic work culture can cause PTSD, but it can also lead to post-traumatic growth"
In his first extensive public comments since Byju's downfall, founder Byju Raveendran outlined a comeback strategy he calls 'Byju's 3.0', stressing his resolve to rebuild the edtech giant. In a wide-ranging interview with ANI, he reflected on toxic work culture, investor pressure, and allegations of financial misconduct. Raveendran rejected claims of fraud, defended his team's mission-driven ethos, and vowed to return to the company's core values: empowering teachers and students. 'We don't belong in courtrooms, we belong in classrooms,' he said.
Disclaimer Statement: This content is authored by a 3rd party. The views expressed here are that of the respective authors/ entities and do not represent the views of Economic Times (ET). ET does not guarantee, vouch for or endorse any of its contents nor is responsible for them in any manner whatsoever. Please take all steps necessary to ascertain that any information and content provided is correct, updated, and verified. ET hereby disclaims any and all warranties, express or implied, relating to the report and any content therein.
More

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Economic Times
4 minutes ago
- Economic Times
India's urban buyers show stable confidence, expect brighter outlook: RBI survey
The Reserve Bank of India's latest Urban Consumer Confidence Survey (UCCS) for May 2025 shows that urban consumers maintain stable sentiments about the current economic situation, with a cautious yet improving outlook for the future. The survey reveals that the Consumer Confidence Index (CCI), which measures current consumer sentiment, dipped marginally from 95.5 in March to 95.4 in May, indicating only a slight weakening in how consumers view present conditions. Despite this, expectations for the year ahead have brightened significantly. The Future Expectations Index (FEI), reflecting optimism about the economic outlook, employment prospects, income levels, and spending capacity, rose by one point from 122.4 in March to 123.4 in May. This points to a growing sense of confidence among urban households across 19 major Indian cities, based on feedback from 6,090 respondents surveyed between May 2 and 11. Also Read: RBI's 50 bps rate cut surprise: Two economists who beat the crowd are back with another call A notable aspect of the survey is the easing concern over inflation and price levels. This is the second consecutive survey round showing a decline in pessimism related to high prices. Most respondents now expect inflation and prices to moderate further in the coming year. Also Read: Households feel inflation is easing in short and medium term: RBI Survey The RBI noted, "Pessimism about the current price level and inflation continued to ease for the second consecutive round. Households also expect a decline in both price and inflationary pressures over the coming year."While there has been little change in consumer sentiment about current income levels, optimism remains strong regarding future earnings. According to the RBI, "Households remain firmly optimistic on future earnings even though their sentiment on current earnings remained around its March 2025 level."Spending habits mirror this cautious optimism. Although current expenditure on both essential and non-essential items has dipped slightly since March, consumers anticipate increased spending in the the survey suggests that while urban consumers feel only marginally better about present conditions, their confidence and hope for economic improvement in the year ahead have grown substantially. With inputs from ANI


Time of India
an hour ago
- Time of India
Trump teases Fed Chair decision soon, slams Powell again for delaying rate cuts
President Donald Trump has signaled that a decision on the next Federal Reserve Chair will be announced soon. Speaking aboard Air Force One, Trump reiterated his demand for steep interest rate cuts and criticized current Fed Chair Jerome Powell for being too slow. This comes just a week after the two met face-to-face, where Trump reportedly told Powell he was 'making a mistake' by not lowering rates. Trump now wants the Fed to slash rates by a full percentage point.#Trump #FederalReserve #InterestRates #JeromePowell #FedChair #TrumpEconomy #MonetaryPolicy #USPolitics #RateCut #AirForceOne► Subscribe to The Economic Times for the latest video updates. It's free! - More Videos @ ETTV - For business news on the go, download ET app: ET on:► Facebook - ► Twitter - LinkedIn - Instagram - Flipboard - #latestnews #economictimes #ET #TheEconomicTimes #businessnews Show more Show less


Economic Times
an hour ago
- Economic Times
Trump teases Fed Chair decision soon, slams Powell again for delaying rate cuts
(YouTube) Trump teases Fed Chair decision soon, slams Powell again for delaying rate cuts 01:50 Min | June 07, 2025, 4:20 PM IST President Donald Trump has signaled that a decision on the next Federal Reserve Chair will be announced soon. Speaking aboard Air Force One, Trump reiterated his demand for steep interest rate cuts and criticized current Fed Chair Jerome Powell for being too slow. This comes just a week after the two met face-to-face, where Trump reportedly told Powell he was 'making a mistake' by not lowering rates. Trump now wants the Fed to slash rates by a full percentage point.#Trump #FederalReserve #InterestRates #JeromePowell #FedChair #TrumpEconomy #MonetaryPolicy #USPolitics #RateCut #AirForceOne► Subscribe to The Economic Times for the latest video updates. It's free! - More Videos @ ETTV - For business news on the go, download ET app: ET on:► Facebook - ► Twitter - LinkedIn - Instagram - Flipboard - #latestnews #economictimes #ET #TheEconomicTimes #businessnews