Byju's FY21 loss widens 17-fold to ₹4,500 crore

After more than a year's delay, edtech startup Byju's announced its audited results for the financial year 2020-21 that showed losses at Rs 4,500 crore, a massive 17-fold increase over the Rs 262-crore loss in the year before. Those losses were on a revenue of Rs 2,428 crore.