Byju Raveendran, once a billionaire and founder of the renowned edtech startup Byju's, has seen a staggering decline in his net worth from ₹17,545 crore to zero in just a year. This sharp downfall follows multiple crises within Byju's, leading to BlackRock slashing its valuation of the company to $1 billion from a peak of $22 billion in 2022. Byju's, once India's most valuable startup, faced significant financial losses, prompting shareholders to vote for Raveendran's removal as CEO. Additionally, the company faces scrutiny from the Enforcement Directorate over alleged foreign investment violations worth over ₹9,362 crore.