EdTech company Byju's plans to close 200 out of 300 offline tuition centres in India for cost-cutting.

EdTech company Byju's plans to shut down 200 out of its 300 offline tuition centres across India as part of a cost-cutting measure. The decision comes after the company closed 50 centres in February and mandated all employees to work from home. This move is aimed at reducing operational expenses amid a cash crunch. Byju's Tuition Centres, or BTCs, had been the primary growth engine for the company until early 2023.