The collapse of Byju's, India's most popular online education platform, came as a shock to Business India. Byju Raveendran said that now the value of the Byju's app is zero and the trust of investors has been lost.

"There is no fraud, if there was a fraud, the founders would have taken the money, and we would have reinvested the money back into the company," Byju Raveendran, founder of edtech company Byju's, said at a press conference on Thursday.

"Today, the value of Byju's is zero. We have lost the trust of investors, "he said.

He was speaking to the media at his residence. He said investors are demanding a change in management.

"" "We are the only people who have invested money into the company by the end of 2021." Growth potential
He also talked about the way it was reviewed and how it made its way into various markets.