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Once the poster child of India’s booming startup scene, Byju’s is now facing a sharp decline. The edtech giant has just sold two of its major U.S. assets—Epic
Once the poster child of India’s booming startup scene, Byju’s is now facing a sharp decline. The edtech giant has just sold two of its major U.S. assets—Epic and Tynker—for a combined $97.2 million, despite having bought them for nearly $700 million just a few years ago.
These fire-sale deals come amid bankruptcy proceedings in a Delaware court, and they highlight just how far the company has fallen from its peak. But how did a billion-dollar empire get to this point? Let’s break it down.
Back in 2021, Byju’s was on a global expansion spree. Flush with funding and riding high as India’s most valuable startup, it set its sights on the U.S. education market.
First came Epic—a popular digital reading platform for children—which Byju’s snapped up for $500 million. Shortly after, the company acquired Tynker, a creative coding platform aimed at kids, for around $200 million.
The move seemed bold but logical. Byju’s wanted to grow its international footprint and believed these platforms would help it dominate the K–12 education space globally.
Fast forward to 2025, and the story has changed dramatically.
Byju’s has sold Tynker to CodeHS, a U.S.-based computer science education firm, for just $2.2 million. That’s a fraction of the nearly $200 million it paid just four years ago.
Epic didn’t fare much better. It was sold to TAL Education Group, a Chinese edtech firm, for $95 million—well below its original $500 million purchase price.
Combined, the two platforms were let go for $97.2 million. That’s nearly a $600 million loss.
There are several reasons why these assets were sold for such low prices:
Epic is a subscription-based reading platform that gives kids access to thousands of books, audiobooks, and educational videos. It’s widely used in schools and homes, especially for children under 12.
Tynker helps kids learn coding through interactive lessons, games, and projects. It has been used by over 60 million students and in thousands of classrooms, making it one of the most popular platforms for early tech education.
Despite their popularity, both companies were sold at heavy discounts as part of Byju’s financial restructuring.
These sales are more than just one-off transactions—they represent a larger unraveling of Byju’s once-glorious empire.
After years of aggressive expansion, the company is now retreating and cutting costs to stay afloat. Its global ambitions have been put on pause as it tries to stabilize its core operations.
In India, Byju’s continues to face mounting debt, regulatory scrutiny, and trust issues with both investors and parents. The company is also laying off employees and delaying payments to vendors as it works to turn things around.
Byju’s story serves as a cautionary tale for startups trying to scale globally without a solid foundation. Acquiring multiple companies across continents in a short time might look impressive, but integrating them and maintaining sustainable growth is a different challenge altogether.
In trying to become a global edtech powerhouse, Byju’s may have spread itself too thin.
The company still has some strong assets in its home market, and its brand remains recognizable. But to recover, Byju’s will need to focus on rebuilding trust, improving transparency, and managing its core business better.
Whether it can pull off a comeback remains to be seen. For now, the sale of Epic and Tynker marks a sobering chapter in what was once one of the world’s most exciting startup success stories.
Hi guys, I’m Maria a full-time Blogger & Writer. It is a long-established fact that a reader will be distracted by the content.
Hi guys, I’m Maria a full-time Blogger & Writer. It is a long-established fact that a reader will be distracted by the content.
