Investigate Byju’s finances: Lawmaker Kartik Chidambaram

Nearly 81 % of operating revenue constitutes ‘sale of edtech products (tablets, CDs). For an edtech company, is it not a blatant misrepresentation of facts to classify the hardware as edutech.

60% of the costs related to employees have been recognised as capital expenses rather than operational costs.

If these costs were counted as a direct expense, instead of a capital expense, Byju’s total loss for FY 2021 would have gone over Rs 5,000 crore