Byju's Sells Tynker, Offloads Epic at Major Loss Amid Financial Crisis

Byju’s has sold 2 of its US-based subsidiaries, Epic! and Tynker, at significantly reduced prices as part of ongoing bankruptcy proceedings in the United States. A Delaware bankruptcy court approved both sales on May 20, 2025, as per a report by US-based publication EdWeek Market Brief.

Tynker Acquired for $2.2 Million

CodeHS, a K-12 coding education company based in Chicago, acquired Tynker for $2.2 million. Byju’s had originally bought Tynker in 2021 for $200 million through a mix of cash and stock. The platform will continue to operate under CodeHS.

Epic! Sold for $95 Million

China’s TAL Education Group purchased Epic! for $95 million. Byju’s acquired the children’s reading platform in 2021 for $500 million. At the time, it was the company’s 2nd-largest acquisition after Aakash Educational Services.

Osmo Still Unsold

Osmo, a learning games company acquired by Byju’s in 2019 for over $120 million, has been listed for sale but has not yet found a buyer. It was Byju’s first US acquisition.

Proceeds to Repay Lenders

The proceeds from the Epic! And Tynker sales will go towards repaying a group of lenders. These lenders had provided a $1.2 billion term loan to Byju’s and initiated bankruptcy proceedings against its US entities last year.

Legal and Financial Issues

A US lawsuit filed in April 2025 accused Byju Raveendran, Divya Gokulnath, and Anita Kishore of misappropriating $533 million from the loan routed through Byju’s Alpha, a US-based special purpose vehicle. The court also found that suspended director Riju Ravindran had violated his responsibilities.

Read more: Byju’s 3.0: The Transformation Plan Unveiled!

India Operations Disrupted

Byju’s India operations have also been impacted. Its app is no longer available on the Google Play Store, and the website only shows a basic landing page. Users with active subscriptions are unable to access content. This disruption is reportedly due to unpaid dues to Amazon Web Services.

Conclusion

Byju’s sale of Epic! And Tynker is at a loss due to the part of ongoing bankruptcy proceedings in the United States. The third US asset, Osmo, remains on the block. Legal and operational challenges continue in both the US and India.

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