Three crises and a lesson for edtech investors
Byju’s downfall has grim echoes of the fate that once befell Educomp and NIIT. Before hitting the wall, all three charted out aggressive growth plans on the back of investors’ immense faith.
28 June, 2023•6 min
0
28 June, 2023•6 min
0

More in Business
Business
IndiGo has a forex headache
India’s largest airline surprisingly doesn’t seem to have a hedging strategy that is good enough to guard against a weakening rupee. This could potentially clip its wings.
You may also like
Business
Bira shareholders plan an EGM to oust the founder
A management shakeup may be in the works at the beleaguered beer brand, as investors and lenders want to remove founder Ankur Jain and his family from the board.
Internet
Seekho and the parable of how entertainment consumed edtech
The investment signals a shift from structured learning to bite-sized, bingeable learning that mixes entertainment with education. But can it deliver real-world skills?
Internet
Gaurav Munjal to finally exit Unacademy
In the making for many months now, the final outcome at the edtech startup is an instructive episode for both founders and venture investors on when they must let go.








