SCAM 2023 | Lessons from the Stunning Rise & Dramatic Collapse of Byju's | Akash Banerjee
ฝัง
- เผยแพร่เมื่อ 25 ธ.ค. 2023
- It was a rags-to-riches story that was widely quoted - Byjus was an inspiration that spurred the entire Indian ed-tech Industry .... but India's biggest Unicorn is struggling to stay afloat today, a company that was loved by all is being abused.
How did this fall happen, was it really sudden, why we must all take lessons from this collapse.
Read more about the collapse about Byjus and why we need to learn from it -
Pradip K. Saha The Learning Trap: How Byju’S Took Indian Edtech For A Ride
www.amazon.in/Learning-Trap-B...
⛔️ BECOME A DESHBHAKT MEMBER - www.patreon.com/thedeshbhakt ⛔️
Unlock MEMBER ONLY: 1) Chats 2) Discord Server 3) Special Episodes
OR
Join this channel to get access to perks:
/ @thedeshbhakt
👕 DESHBHAKT MERCH - India's First Line of Socially & Politically aware tees 👕 kadakmerch.com/thedeshbhakt
📧 BUSINESS ENQUIRIES - contact@thedeshbhakt.in 📧
Credits :
Script - Akash
Thumbnail : Khursheed
Graphics : Mehul & Ritam
Editor : Khursheed
Producer : Sahil
#byjus #edtech #akashbanerjee
![พบรัก - INK WARUNTORN [Official MV]](http://i.ytimg.com/vi/n2wjOYVC38Y/mqdefault.jpg)
💥💥 ALERT! 💥💥
We don't have any magical course to offer - but some jobs openings are there!
Thanks to the support of Deshbhakt Family & our Members - we are daring to take the next leap!!🙏🏼
In 2024 we plan to double our team size, our output & branch out to more platforms!!
We are now open to receiving applications for the post of Data/Satire Scriptwriters // Video Editors // Sr. Producers & Channel Manager.
If you think that you fit the bill - or know someone who does - then apply via this google form !!!! - forms.gle/dQ5GRkWSYk88ebaAA
Full support 😊
akash Bhai , Dev Gadhvi naam ke admi pr bhi Scam ka video bna do expose krdo please.
He is also selling hope to Indian youth aur bade bade sapne dikha ke loot raha hai.
Please expose him
Make video on netaji subhas chandra bose death mystery.
Great to see growth. Please share part time / volunteering options if possible, for those who can or want to contribute, but may not take it full time.
😢😢😢
Being an ex byjus employee
I can verify each and every sentence is true to it's core!!
Being a company who train it's employee to cheat and to extract money from parents by hook or by crook was going to fail sooner or later. Finally it's out in the open
I was also a BDA.. ThankGod i was the worst salesperson therefore didn't made and false sale.. and got out of it within time
@@maynk0singh same here bhai.....i can't sell bcz i waw not able to cheat parents
@@ashwanijha5075don't lie. You didn't have skills to sell people anything. Now you're giving moral ground to your career failure
@@ameer6168Thats a great point actually...forget about byjus..
@@ashwanijha5075 trying to become Rocket Singh 😄
Byju's is a perfect example that an individual with good teaching skill needn't necessarily become a good businessman
He was a good business man at least initially from 2006 till 2018-19. Then Covid hit and he got greedy. Each person can be a good businessman at a certain level and not at other levels.
Ye business nahi, cheat karne ke liye field me utra tha. Ab bhaag gaya hai desh chhorke
I attended Byju's classes in 2010 for the CAT. He mesmerized me and many students like me. It was one of its kind, an amazing way of teaching and an out of the box approach for complex problems.
His story is nothing but; 'You die young as a hero or live long enough to see yourself becoming a villain'
No, it's a mismanagement case. It would have been great if he kept teaching for CAT.
At the core of a business is to understand the need of the consumer. Not every student needs byju. They should have understood who needed their service and doubled down on them. If everyone is scammed into buying byju, it would have met its downfall one day
@@asutosh123 meanwhile me who read Byjus 1 year
Very happy to listen about the downfall of BYJUS.
Logon ka badduwa ka asar hain ye.
An Uber driver toiling 16 hours a day was sold a course with loan attached. His motivation was to break the circle of low earnings through educating his children, but instead got duped. I had extreme emotions that day
😢😢
Bhai uski thodi madad Karo aap financially
@@kartiksharma-hd9bytu kr de na💀
That's extremely bad news. Disheartening really.
While some of us can certainly help out financially, what (in my humble opinion) we really need is more awareness.
Hardworking people like the Uber driver need to know what sort of trap they're getting into. It's difficult, not impossible.
@@krishanuA this cycle will go on in India as long as ppls doesn't become smart & India doesn't become industrialised. Until then matsanyay & scam will go on. India have to become China & think like Chinese & Indians have to acquire skills like Chinese.
It's nothing else than "KARMA". When I was in my second year of MBA, byju's offered me a job with the position of "Regional Operations head". After inquiring about the role several times I was assured that it will be related to "Operations" and not sales or marketing. After joining I was abused for not meeting the targets, my salary which was 14LPA, barely I received 40k. Every week My team used to change and I wasn't even aware of whom I shall be reporting to. Total Chaos at Mumbai branch. The Interns would spend their own money for petrol and visit different places to meet potential customers. They were unpaid and overworked Like hell.
Shame on Byju's for treating employees like this.
I lost my chance for a better placement as i wasn't allowed to sit for placements further because I had byju's offer.
Correct
Very sorry to know your story
In 2007 Byju came to my college, I was not interested to attend but my friend dragged me for company , he was excellent in CAT maths , there were hardly 20 ppl in the session , at that time Byju shared his personal phone number.
I called him later and he was very humble to invite me again at VJTI college for another session. I finally thought MBA is not my stuff and decided to not go further. So I agree this video is absolutely accurate
If byju would have stuck to CAT and teaching personally, he would have been tremendously successfull and easily retired by 35-40 with maybe 300 crores, but maybe he had big dreams which unfortunately did not materialise
so true, he is very good with CAT's Maths. He got very ambitious with possibly wrong set of greedy people.
His wife has sold shares worth 400 million dollars, he's definitely keeping at least 300 crores minimum if everything collapses.
I have heard from some friends how badly they were treated by the company while they were working there. A company who mistreats their employee like that was meant to fail, and not to forget the scams they did with the students.
During my JEE preparation, I once visited that company's site and logged in with my number. Subsequently, numerous calls were made by the counselor, urging me to enroll in their coaching. After a half-hour phone call, I politely said I would consider it, but when he called again later, I declined admission. In response, he verbally abused me and my family, prompting me to end the call. Karma has its way, and I took admission in pw coaching,I'm delighted to share that I secured admission to my dream college, IIT Madras, pursuing mechanical engineering in my second year.
Bro congrats for that , you joined pw online or offline?
@@anirudhpadhi5290 At that time, the offline course didn't exist. I would like to offer some advice: If you are preparing for JEE, don't rely 100% on any Ed Tech platform. While you can watch pw lectures and use them as a resource, consider taking tuitions. If you have doubts, consult your tuition teacher to clarify them, take tests, and work on DPPs. Best wishes,keep studying.
(Math- Sachin sir,
Phy-Rj sir/Shivendu sir
Chem- Amit sir,Pankaj sir,Sarvesh sir.)
Lol PW rocks😂😂😂
Very truly spoken.
Congratulations have you done your ug?
As an ex-byju's employee who never did any sales, I understand what those parents might be thinking now. Everyone talks about the marketing, the sales and other things. But no one actually talks about post-sales support. We had thousands of students to contact and honestly, there was never enough manpower where we could provide a proper post-sales support. Not to mention that there were false promises from the sales reps as well. We were overworked and underpaid on literally every other turn tbh. The parents' outburst is always a reality to the mentors and the product experts. Not to mention, the lies about refund policy changed almost every day for every other customer. If a parent invests 1 lakh rupees for their child's education, then it is normal for them to have outbursts.
I totally agree with Akash here. And I have no sympathy with Byju's as a company. It's shutting down rightly, and for good
I have offer from byjus as a business development associate (sales) can i join it ?
@@okey6294mat kar bhai.. gadhe jaisa kaam karna padta hai vaha.. aur ab yeh doib rahi hai company
Anupam sir can you please help to come out from the byjus scam 😭🙏🙏
@@okey6294yes ofcourse ..its a dream job as well as dream company.
@@okey6294still wy do you want to join?
So as you sow ,so shall you reap,,,,,,maa Saraswati taught byju’s stunning lesson 👏🙏
मुझे तो पहले से ही ये कंपनी ठीक नहीं लगती थी, वैसे भी अगर शिक्षा या हेल्थ जैसी बाबतों में scam करके पैसे कमाने का जरिया बनाओगे तो उसके परिणाम तो कभी न कभी भुगतने ही पड़ेंगे... आपने बहुत अच्छे से सब कुछ समझाया...😊👍🏻
बैजू पढ़ाई में तो अच्छा है लेकिन पैसे कमाने का तरीका एकदम अलग है।
I took byjus tablet course for JEE preperation. I can tell you it was the worst e content. Nothing was upto the mark. They only focused on animations but forgot to focus on problem solving. That was 6 years ago. Luckily I ditched Byjus after and joined a proper offline coaching 😂
Are neet iit coaching ka dhandha bhi itna bada ho gya h kota vizag😂😂😂jo pdhne wle h woh nikl lete h... Jo nhi pdhne wle unka paisa pani ki trh waste ho jata h 😂😂😂
Me too
Good u made the right decisions
Which college are you in now?
Blaming ur failure on byju
As an ex BDA at Byjus, this is so true. It was such a toxic environment at the work place. I used to go to office at 9am and the managers used to come in the evening stoned, they used to make us stay there till 12am! Imagine 9am to 12pm you are just calling the parents and booking for appointments for the weekend. Toxicity was at its peak😒
Karma✅
Very disheartening, I hope you find a good job now
@@vivekupadhyay253 oh yes. I'm in a much much better place in life. I never worked at corporate after byjus. I have my own business right now, settled in Goa, doing great 🙏❤️
@@Gkgaurav369 awesome ❤️
Maine bhi byjus m as a bda kaam kiya tha or maine 2 months m chhod diya mujhe pta tha y sb jyada din ni chlega ....or aaj m police officer hu uttar pradesh police m 🥰
I was selected for the bda role 2 3 months ago but I didn't join.😢
I recently made further purchases. Saving for a market slump is also a bad idea. There are different perspectives on recessions and depressions; we cannot always expect significant rewards; and taking risks is preferable to doing nothing. The bottom line is that by diversifying your portfolio and making sensible judgments, you will accomplish exceptional outcomes. In just 5 months, my portfolio's raw earnings increased by $608k.
Despite my conviction in your direction, my recent stock purchases, and the fact that I am an AMC shareholder, I have not been able to amass anything. I had been in debt for far too long before the collapse. What are the steps required in investing?
That is incredible! If he's this talented and has A-list skills, I'd like to speak with him. Even when I clone transactions using a MAM account, I continue to lose 20% of the time. Where can I locate his contact information?
He appears to be well-educated and well-read. I ran a Google search on his name and came across his website;
thank you for sharing.
I've avoided all of the problems that the volatile market provides. Reading, research, patience, and seeking help when needed are the best strategies to break into the market today. Because I am unable to manage my portfolio due to the nature of my profession, I just mimic Samuel Peter Descovich, a CFA, whose acts I observed on Bloomberg Business News. Everything has been simple since then.
I immediately began looking into
Samuel's past. He has excellent self-control. His credentials are strong, and he appears to have been thoroughly investigated. His services are also available to foreign investors from nations other than the United States.
Problem in Indian mindset is most of us want unreasonable returns for our efforts, we are too much associated with results than the process and work...as a result some exploit and some are exploited, because everyone is chasing gold even if their efforts deserve only silver...
only way to fix this is by building a nation of physically and mentally strong humans, who are not tired of putting efforts, and will not chase quick success...
Agreed 👍. Exactly my thoughts. And I think we Indians are so result oriented because of our historical poverty. When you are poor, you start looking at things in a very transactional way - “If I do this, I get this”. You can’t afford to do something just for the heck of it. You are forced to focus on the outcome alone. Short term thinking (I.e. surviving for today) becomes your second nature. To adhere to a process and shift attention away from the outcome, needs long term thinking. That is something we don’t have…sadly.
I AM GLAD TO HEAR ABOUT BYJU'S DECLINE! They literally used to scam students. I remember purchasing their JEE distance learning program for like 48000 INR and the content they provided was of below par quality. If you insist on just looting people of their money without providing with quality education in return, this is something that is bound to happen!
Yes bro you are right
Im there for neet prep😢
Online is making money by fraudulently giving loans to everyone in the name of premium. The person will get a lump sum amount in the loan, here the entire amount is taken by the agent of the person providing the loan. parents are paying the loan installment
I paid the fees of 160000 looted by Byjus
@@AmarjeetKaur-sd5me mee too🥲
Aakash byjus?
As a longtime educator and counsellor, I can assert that for school children at least, online modules can be at best a support and not a replacement for physical classrooms.
100% true
Bcoz of fraud and scammers like vivek bindra if some people collect some courage to do business.they get scammed lost their money, and go through mental harassment,bulley,intimated by them then go through depression,anxiety in extreme cases get heart attack or panic attack or go for suicide and vivek bindra is not alone people like him present in all over the country and they are in millions in every field.government should really do something about these kind of people.goverment should find out these fraud people with proof from all over the country by using spy and take strict action against them.sandeep sir also talk about all the fraud and scammers like Vivek bindra and these kind of people carries three kind of personality one of being nice kind in front of those who can put them in trouble second personality is to be manipulative,speak lies with full confidence,use intimidation technique,work against the law,they narcissist,egoistic with those who are below them,under them and 3rd is mixture of both personality to fool people afterall they are fraud egoistic
As a student, I disagree. In my coaching, teachers are iitians, so I can say I get taught by one of the finest faculty. Now, coming to the point.
Schools are useless for studies, and coaching is fine but not as good as online studies and books. Why should we study from some teachers who don't have any achievements, lack funding and skills. The finest teachers and professors are available online. Also our education system is fked up(I scored 97 percent in 10th, so don't say I am blaming education system bcz I am not good in studies)
In conclusion u guys are useless(talking about avg teachers especially the teachers who teach in school), no hate towards anyone. I am just stating the facts.
As a student i agree
There is no shortcuts in success, ppls needs to understand that.
I feel like Byjus company was so big and fell so steeply, even ppl who hv no relation to it hv their own perspective/story to share in its respect. A well done documentary!
00:09 Byju's went from a prized unicorn to financial collapse
03:22 Byju's journey from a service engineer to founding Byju's classes for CAT coaching
06:38 Byju's innovative approach revolutionized the Indian education system.
10:07 Byju's rapid growth led to high valuation and expansion but also brought immense pressure and challenges
13:51 Byju's faced downfall due to unethical practices and industry changes
17:59 Byju's took big financial risks and loans that didn't work out as expected.
21:30 Byju's faced financial and legal challenges
25:38 Byju's facing financial troubles and backlash
Crafted by Merlin AI.
Physicswallah's success is majorly due to Alakh sir's zidd to stick with his main goal of either free or very affordable education with best teachers.... Meanwhile other ed techs changed their motive to earn money when they got successful
Can say
Right❤
They also started outside funds whenever corporate investment involes the trap starts
@@mayanktiwari9689 I have never taken PW course but as long as it's affordable people won't complain as teacher also good and the digital board they used to teach is fabulous (YT)
@@mayanktiwari9689 absolutely not dear, this whole scheme of funding growing businessess is not a bad thing , things become bad when that business, instead of improvement, owner shift it's target to please & give profit to the investor , that's the real cause...
I was the first Commerce Faculty at BYJU (Noida office-cum -studio) . Had joined it in 2016 but left in 2017. I had sensed its fate! I'm really sorry to see it's present situation :(
No need to be sorry lol. You get what you plant.
I am happy.
For me the sad part was to trap parents in to debt, that’s just horrible horrible, this man needs to be brought to justice!
no rich scammer is ever brought to justice.. wether it is kingfisher mallaya, lalit modi , adani, or any1 else. unless they make enemy of govt.
Totally true. Huge no of students and parents are disheartened.
intresting sponsers of Team India
1.Sahara
2.Byjus
next dream11
shah ruk is most infamous celebrity for sponsering scam companies , iipm is one of them
What can you expect out of vimal ad wala anyway?
@@shrutimathur4423 right miss
been following akash from last 04 years, he has groomed over time and now i find his videos IRRESISTIBLE, well deserved 🧿
Akash and Dhruv were the most ardent supporters of Byjus, even when hundreds of customers and employees were complaining on social media and now, since the real issues cannot be hidden any longer, this video is made. Shows that when times are bad, even your shadow is no longer with you.
I was a BDA in byjus. I was there for few months and quit due to its toxic work culture. The training managers were so arrogant and I remember one of them saying "parents ke saamne bachho ko questions puch puch ke rulao fir Ch***ya ki tarah dikhao, darr se definitely Lelenge course". Next day, I QUIT! And I'm glad I did.
Literally. when I signed up for the byjus app, they started calling my parents and eventually came to my house. He asked me to take a test, which was from the next grade, I was in then, he tried to show me dumb in front of my parents and I started crying when my answers were wrong. I did my best , after that he pressured my parents to sign up, but my mother didn't signed up rather my aunt did (later she blamed me that because of me she fell into the trap). It didn't even end there, they called my mother everytime I loged in and even after denying and blocking they called from different numbers.
@@rafyafaizani3897 which city r u from?
Really that is true i work as bda there n they force you to work for 12 hours under pressure n to fool parents
As someone who purchased Byju's Tablet I confirm this is true as it happened with me
Gauravdurden sir please help me to come out from byjus trap please 🙏🙏🥺
Kis kis ko BYJU ne loota hai 😮😮😮
Sabko 😬
Mujhe 😢
मैं मुश्किल से बचा😂
Mujhe 😂
Mujhe😂
Becoming a fan of you and the way you clarify and make complicated stories easy for us to understand. I am deaf from Nepal and tha king to English Subtitles,I love to watch
As a student who studied from byjus , I know it's pricey but the teachers were the best I ever studied from , the animated video lectures were one of the best , Study felt enjoyable for the first time.
It asked me a lot of money for 60 days course and it ended in 5 days 😂
Thanks Akash Ji you explained the whole thing in simple language. I always wondered why so much craze was created around Byjus when in all fairness it was a mediocre company over grown disproportionately and so the bubble had to burst.
As you rightly said... jab bhagwan deta hai chappar fard kar deta, lekin jab leta hai to thappad Mar kar leta hai. We should never forget this.
An example of how even such brilliant people loses basic common sense with over confidence. I remember discussing with friends 'what's wrong with them!!' when they started buying companies one after the other, coding, school tuition, entrance, gate, what not! Was very much inspired by initial growth and the teaching model of Byjus!
It was a Scam from the start and they paid Messi and SRK to promote that scam in the name of education.
pw also doing the same
They are probably best in TRICK! This is what simply wrong with them!
You can Crack a exam (even UPSC) and top using TRICK but the same approach (trick) can't help in LIFE!
The people who get motivated after initial success by trick, try to apply it everywhere, are doomed to fail!
@@manishtutionclassesyeah but atleast I really love what they are doing for GATE. I purchased their course for just 5000 and for it I got content of over 1000 hours. The amount of things I learned for just 5000 is unbelievable they covered every single topic in depth with some of the most experienced gate faculties.
In TIC, one MNC is doing the same. 57 acquisitions in span of 4 years 😮
Really!! It's shocking to here..
The sales team was really toxic, how tricky questions they ask to children... They even came to my house..
But at that time I took a stand that "no online".. as it can never replace a teacher or school....
aap jaise log dhundhna aaj ke zamane mai bahut mushkil hai
Indian parents mentality is also very important factor.
Parents are willing to put their child in coching center as early as possible so that their ward can get rank 1..
I have seen parents crying even if child is getting like 99 pc marks
Indian parnets don't want to see any other child to do better than their child
Thats where byjus come in..a dream product which ensure guaranteed academic sucess..
Thats what parents wanted. ..byjus is just supplying what is in demand..
Correct ✅
I recently studied for some entrance tests through Byju's, teachers are real good but the way business was run, it ruined a whole lot.
Even every student indirectly study from byjus 😂
Like we all have searched for those physics answers and went on toppr website owner by byjus
Basically they vapourised themselves 😂
Even every student indirectly study from byjus 😂
Like we all have searched for those physics answers and went on toppr website owner by byjus
Basically they vapourised themselves 😂
After signing up on thier website they call and fool to buy their course @@TalkingTacosFood
Ustaad desh ki situation ke hisab se bachon ki sankhya bhut kam h ....
Kids don't go for high fees online course. Remember kids
Byju Raveendran is a scamster who should be Jail .Period .Great video Akash as always
बहुत बढ़िया ढंग से आप ने समझाया है, आप को बहुत बहुत बधाई और ढेर सारी शुभकामनाएं
I still remember my 1.3 year of my Byjus , and regret all the sales I have done, I am just sorry to all of them
Being an ex Byju's employee (march2022) and knowing the insight of the company i am not surprised,
All they did is cheat,and it starts from the very fact that i was recruited as a Business Development Executive (meaning sales person), but they disguised me as an Education Counselor (a teacher),
I can remember how verbally abusive they were,
I am Happy i made no sales, i did not put much effort as i was planning to resign sooner the possible,
The saddest part is i remember the managers used to narrate boasting stories about how they sold byju's packages of lakhs to poor through loans disguised as scholarship fee's to households where they could hardly afford food.
I can never believe the top level management didn't know about these practices as they were prevalent and consistent PAN India.
Thank God came out on time. Got my kids enrolled in coding classes, which was an expensive package. But being a programmer myself, I understood what a scam it was, after just a few sessions. Had to literally fight them for a refund!
Great video
On
Great lecturer with great vision.
Definitely later business was purely business without product which leads to failure
What went wrong with Byju is they tried to monetize what is already freely available on youtube. When this wasn't working they started to use pressure tactics to intimidate and force people into buying their content.
Pw and unacademy really harmed byju
I am also the victim of
Byjus
One of the best episodes of Deshbhakt so far, keep it up Akash and team❤
Akash, wonderful presentation - brief but complete !
Best wishes
Great explanation Akash 👏🏼👏🏼
Problem is when this company came into existence, then on its face value itself, it appeared to be a project to be failed
But at that time no one raised a red flag
Now with the advent of social media we can hope that the masses could get a red flag in advance by TH-camr like desh bhakt and others
I still remember when BYJU's employees came to our house for my brother . They tried so hard to convince my parents. But the moment I heard the whole course will be in English. I was sure not to let my parents buy their course. Alhamdulillah. We didn't buy the course.😂
Accha ji bacchgaye aap😂😂
The world runs on English language??
Katao apni zindagi berozgari me, english se itni hi taklif hai to 😂
@@arprogamesusne to English me comment likha aur tune hindi me , tere logic se to tu berozgar hoga.
Dude,india me school kids ko english syllabus bhi bi lingual samjhaye ti easy padta
Mera to scholarship lene aaya aur mujhe demotivate krke mere papa se fake promises krke 55 thousand le gya loan pe aur sbse bari baat UNHONE KAHA EK MAHINE PADHO ACHA NHI LGA TO PAISE WAPAS BUT FRAUD KIYA KI WAPAS LENE SE LOAN KABHI JINDAGI ME DOBARA NHI LE PAYENGE 😔 bahut bura fasaya its effect me alot also my percentage decreased and I was very depressed for that time papa ne bhi kaha ki mere paise waste kr diye 😢😢😢😢😢😢
That was a big life lesson for me 😖
Thoroughly researched content!!! Great job. Keep up the good work.
I remember a salesman from byju's who came to my house after i cracked a byju's scholarship test at my school. His tactics were really shady and he tried to sell the course to us but my parents knew better and didnt fall for it
I'm glad you could dodge this.
BDA and salesman are totally different
Same! Happened to me 2-3 times that too some 4-5 years ago!
You didn't clear any test. They call everyone who gives the scammy test.
@@rohansengupta yes i know
The end is near. Business is just not about making profits,you should have ethics and principals to work on.
I worked at Byjus and I am happy I quit the job at an early stage and didn't cheat a lot of people.
Excellent exposure with facts and figures which is quite impressive Akash ji. Keep up your good work.
He is smart. He will know his business better than all of us. Although I didn't buy his package for my children, I wonder his skills of exploring education & technology. Good Luck to him.
I am a 2018 Byju’s employee. Here’s the inside story. When I started working there, the salary given to a fresher is obviously appealing. Which obviously attracts a person. Working there for a few months gave me a realisation that how toxic the environment was. I have never been abused but I’ve heard other employees get abused. Also, incidents like an associate slapping his manager and resigning in front of the whole office was also seen.
When it comes to content, my unbiased opinion is that it is genuinely very good. But it was way too overpriced. 30000 for a year is too much. Being an indian kid myself, no matter how good the Online content, I would only sit for studies if there was someone standing over my head. That’s why our parents used to send us to tuitions. I was good at studies yet reasons for sending me were entirely different. I think this is where Byju’s model lack. They expected their online learning to actually replace school learning. It can’t even replace tuitions..
Both these reasons combined, I decided to leave the organisation and join a university’s marketing even though I would be getting a comparatively lower pay grade. In my interview, the reason I gave for leaving byju’s was that this model is online ed and it can’t run in india for long. Which was a very valid reason. But then Covid came, and any logical person can make out how the inevitable for byjus got delayed. Infact their sales revenue just rocketed sky high. But I knew it was bound to fall.
At last, I think the only chance of survival for byju’s is their smart decision of acquiring Aakash institute. However, they will have to let go of their ego of online model and just make it a part of offline learning at a reasonable price.
Aap ne bhi UPSC civil services ke naam par students ko bewakoof banaya Samsung galaxy A8 jo ki 15000 ki milti hai uske 25,000 rupye liye UPSC GS paper ki preparation ke naam 80,000 rupees liye
Content was 7.5 to 8 stars out of 10... I have seen books with excellent illustration and story telling explaining difficult concepts. And the price of those books will be 500 rs 1000 rs or utmost 3000 rs not 30000 or 1 lakh.
@@contentwritervidhya125 yes you are right
I remember in 2016,BYJU's was aj inspiration for students.
Teachers like Srinivasan Sir played a big big role in strengthening my fundamentals of Physics.
But later I began to observe that they had made no updates to their video content and nor to their methodologies.
Bcoz of fraud and scammers like vivek bindra if some people collect some courage to do business.they get scammed lost their money, and go through mental harassment,bulley,intimated by them then go through depression,anxiety in extreme cases get heart attack or panic attack or go for suicide and vivek bindra is not alone people like him present in all over the country and they are in millions in every field.government should really do something about these kind of people.goverment should find out these fraud people with proof from all over the country by using spy and take strict action against them.sandeep sir also talk about all the fraud and scammers like Vivek bindra and these kind of people carries three kind of personality one of being nice kind in front of those who can put them in trouble second personality is to be manipulative,speak lies with full confidence,use intimidation technique,work against the law,they narcissist,egoistic with those who are below them,under them and 3rd is mixture of both personality to fool people afterall they are fraud egoistic
I remember having a heated argument with the salesperson back in 2016. I knew it was all a scam from the beginning. Charging exorbitant sum for content that is available for free from places like Khan academy was simply unacceptable for me.
@@tennis_forever wo khud to khatam nahi hua, baki scam k chalte employees, student (unke parents) , company that funded wo bhugat rahi
@@tennis_forever bara banane ka koshis hona chahiye, par gradually step by step not by short cuts through marketing gimmicks. Providing online education is a good idea. But salesman can't replace a tutor.
Thanks for mentioning me and my physics videos. Brought back memories. We worked very hard to make them useful. A small team of us working with a mission in mind. I quit in 2016 to join Khan Academy. I was also surprised by the reducing focus on content and felt the content got slightly worse with each update. Some of us still work together (but not at Byjus). The problem still remains. The mission continues.
Excellent reporting n journalism..
I used to go to his classes in my CAT preparation days, He was class apart , still remember his teaching style. Sad that he is going through rough patch
As a former employee of Whitehat, I have seen the rise of Whitehat Jr as a company, the sale to Byju's and the subsequent decline. The employees and customers suffered the most as the perks were cut down immediately after Byjus acquired the firm. New courses were rolled out without a proper roadmap. What used to be a Coding firm was now teaching Music to adults without keeping in mind the age group we are catering to. All this, along with the lay offs of thousands of teachers created an abysmal environment with the customers as their kids were going through multiple teacher changes within a span of few months and the refund requests went to an all time high. At the end, it's Byju's themselves who are responsible for their downfall!
An employee came to my house from byjus and he told me to pay 95000 online fees for my daughter's Nursery or L.K.G program... And they told me that if u will not pay this for your daughter ,she will backward in her peers. I told no worry I don't want a genius if she is a genius it will come out itself
95000 for nursery !!! OMG 😱
The bullying done by the marketing team was next level. They took post dated check from one of my friend and they decided not to take Byju's. And then it was a hassle and big headache
I had no idea what Byju was. Absolutely no idea. I thought it was the name of some ready made garment. Well now I know it is the name of a man.
😂
The worst mistake BYJUS did.. Acquiring WHITE HAT JR.. Which was complete scam
sooo.....I have a personal byjus story to share .......so byju was a cousin of my moms best friend and she raved about this guy and his platform .....so jaasse m aake mummy ne kaared liya course for my 11th and 12th and during that time byjus not only sold the courses but also the tablets and for some reason or course sirf unke tab m padd sakte tey ...which was very bizzare to me. i mean as a teenager I had itna deemag ki online course should be able to be taken in any device ...but my parents on the other hand who werent that well off were guilt-tripped into buyin the tab .....and the courses werent that mind blowing either ..it was mediocre at best.....so i am kinda happy this happened to them...a lot of families went through the same thing....and the costumer service tab bhi kaafi buri thi ...i think because of the pressure they face
Mind blowing presentation. No match.
Thanks!
5-6 years ago I learned how sound waves work from BYJU's free videos. It was the best explanation I ever watched.
"No matter if the company fails, he has already amassed billions in his Swiss bank account and is living a lavish life in Beverly Hills, USA. People will soon forget about him, just like Nirav Modi and Vijay Mallya. I hope he faces legal consequences, and others should learn from these cases. Our laws have too many loopholes. Additionally, he has close ties with the Karnataka government; the Chief Minister awarded a tender worth around 3,000 crores to Byju's for providing tablets to government schools."
That's true ..looting n staying abroad is thr final destination
mallya will be brought back
Hmm... Yep. Comprehensive video on Byjus. As Krishna said, Karmanyevadhikaraste ma phaleshu kadachana
It is not just about achieving the target. It is about the value we add that makes us achieve that target
While preparing for MBA entrances I got to know about Byju's prep, but later I got negative reviews, now I thank myself I did not take it...I saved myself from getting scammed and my parent's hard earned money was not wasted.
I attended his Free one day CET exam workshop in 2010 in Bangalore .. He was a good teacher..
From humble ascent to perilous decline, Byjus' saga warns: in success, humility preserves; hubris endangers all - wisdom preserves wealth, arrogance invites demise.
So impactful video😢
In 2021/22, I applied for Subject Matter Expert at BYJU's and they asked me if online learning is better than offline. I told them that online learning has its own perks but cannot replace offline learning at all. They got upset and rejected me. Dodged a bullet I guess
We want more CASE STUDIES like this...
Thank you abhishek sir 🙏🏻💥💫✔️
Inka nam akash hai abhishek nahi😂, byju mein padhai ki kya ?
@@indian1571 hn tab hi ek baar fail gaya tha 8th me😂😂😂
Nicely expained...Greed of $100+ billion to -Infinity
My roommate have not received his FNF of 2 months for more than 6 months now, no PF was credited by them. User experience was the worst part... Package were not activated once the sales was done....we had seen students not getting refund if a dual transaction was done. Consumer forum complain had reached to the next level, resolving user issue took multiple days since they changed CRM every 15 days since they could not make the payment for the gateway. First they tell us to relocate and then offices were sold out. My experience with the organisation was worst we did not get call from another company because of working here. The worst part is the organisation is not user nor employee oriented. When we complain for the same we were just given timelines. The day I resigned I really felt the relief because the company policies have made difficult for everyone.
Thank you sir for being voice of students and employees who have been cheated by this unicorn.
I'm not gonna lie, byjus helped me significantly. I didnt expect them to teach me as well as a face-to-face teacher would . I liked their physics and chemistry lectures, and I used it precisely for that reason, not as a substitute for actual teachers. Charging that much money for a pre-recorded course is crazy though. I took this in 2019- 2020, and it didn't cost me too much.
Same with me, I really liked the way they taught me by their animation videos and helped me to get better score than my previous classes. They didn't charge me that much, it was 40k for 6-10th class including a tablet through which I'm writing this comment (tab still exists 😁)
What if they lie ....nd handover a loan by telling that its simply monthly fees nd all(nonsense company ever )...playing with the emotions of many indian families giving high amount of loan without knowing them...nd later if their child wants leave the course for (stupid teaching)..then managers call nd use shameful words to the child parents .. band ho jaye to acchaa hain ye company.
@@siddharthgogoi7979 did this incident happened with you somewhere in past? For me, everything was a prepaid deal, not any kind of monthly/yearly subscription but indeed, my father took emi and I don't think that they even charged us any interest. 🤷♂️ Mujhe koi problem nahi laga tha pehle aur Naa ab lagta hai. Tab to mere paas hai hi 😁
If only Byju's (the person) teaching ability to be judged, I'd say he is one of the finest teacher for competitive exam in India. His teaching are for rankers not average students. I'm sure many IIM students are grateful to him for his CAT's lectures. Feel sorry for him that he preferred business over service that too with highly ambitious and not so ethical ways. Hope he would continue doing things he is good at.
100 % agree with you.
आपके सब स्टेटमेंट १००% बराबर हैं ! सब से पॉवरफूल स्टेटमेंट कोई भी तोड नही सकता i. e.
"मॉं देवी सरस्वती के बारेमें"
एक मराठी maxim हैं
" अति तिथे नक्की माती !!"
❤❤❤❤❤❤❤
I heard somewhere that every company that sponsored the Indian cricket team so far has gone bankrupt, like Reebok, Sahara, and now Byju's.
Addidas nd dream 11😮😮 still exist
Oppo exist
Thanks! for many of your videos. I am critical of some (supporting mahua) but we all have a right to perspective 😊
😮
What a comprehensive analysis sir.
Everyone makes mistakes, media just loves someone who falls down!! Greed gets everyone and a lot of people are unable to fight it!
I worked for Byju's back in 2020 for a famous role BDA. One of the most high-pressure sales roles where you have to make sales by hook or crook. I could last 1 month of training and left for good. The product was not that bad though but the marketing and sales tactics were total scams. People had already started noticing it back then and that was the ultimate beginning of the end.
Totally agree. Too much pressure and forcing parents to buy the package.
It will be great to have a video on betting apps..
Kuch bhi 😂@RavishKumarsFan
@RavishKumarsFanmar ja na yaar
Thisssss
@RavishKumarsFanI am worried for ur sister's seal, is it still intact 😂😂
Dhruv rathee has one
Yes asking question is very important 😮
Great reporting by Akash Banerjee
Your climax statements gives more knowledge and wisdom Then the entire media who are just selling information. Always support to you and dhruv sir. Hope so you guys have long life so we could learn and be aware of such common man's villans...👍thank you once again
He is far better than dhruv rathee who is pet dog of aap party.
There is no way Byju’s real evaluation could be above 200 to 300 crore rupees.. forget about 20 billion US dollars. It was just hyped up like 95% of startups around the world, more so Indian startups.
😂
When i was not around at home they fooled my mom and brought a course for my little sister,when we asked for refund they said it cannot happen we are late now i have lodged a case at consumer court, waiting for the hearing lost around more than 25k ,now my mom have to keep account empty because they keep cutting money telling late fees ,emi fees , my family got very frustrated with this, coming from a middle class family it's rough what they do
For me , I was lucky to escape Byju's learning courses via tablet for my daughters & got a refund after months of negotiation. They use the emotional psyche of parent-child to entrap innocent parents into loans that auto debit from parents salary by way of NACH ( National Automated Clearing House) .
They had so much money-power & clout that it was not wise to even criticise them. But as the saying goes, what goes up must come down.
I had taken byjus course last year for CAT and I would say it was beneficial for me. I believe the issue might be with the sales practices of byjus but the teachers and mentors are really great. And I got the course at a really discounted rate, cheaper than the market rates. One of my friend has taken their offline UPSC course in Bangalore and he too has positive opinions regarding the curriculum. In a nutshell, byju's products are great, but it needs to address the management related problems from the scratch. Perhaps Byju Raveenderan can again give the CAT exam and do an MBA this time!
Every one is taking Indians to the ride, be it politicians, banks, education institutes, social media contenders,hospitals,pandits and on and on,I don't know when we are going to wake up and ask questions. This will impact our economy and every innocent Indians hard earn money looted. Desh 20 saal peche ho gaya.God save our country.
right
because we're easy to fool
It is a lesson for every organisation, political or business that unethical things won't sustain forever
Great video sir. Jai Hind. Jai Shree Ram. Keep updating us with these kinds of scams. Our future is getting spoiled by their so-called edtech fashion these days. 👍
Nicely done video. Case of Too much ambition too soon !! can happen to any entrepreneur
The BEST video on the subject. Very comprehensive, well-researched, informative n educative. Akash the video spells your brilliance.. nothing short of watching a gripping movie. Quite an eye-opener n silently you have rendered great service to the nation by awakening people through your thought-provoking video! ❤ 🙏
A request: please do come up with a detailed video on KHAN Sir, the person who revolutionised education to the unprivileged by his pioneering vision.