Explainer: How Byju's went from startup star to facing insolvency

Byju’s faces insolvency following a $19 million dispute with the Indian cricket board. Shareholders allege mismanagement. Prosus wrote off its stake. Deloitte and board members from Peak XV Partners, Prosus, and Chan Zuckerberg Initiative resigned. Founders Raveendran and Gokulnath lead since the app's 2015 launch. Tribunal ruling installed a resolution professional.