At Byju’s, a loan crisis and no sign of funding
The edtech giant is stuck with a rising pile of unpaid loans of customers who have cancelled courses even as its founders scour the globe in search of a saviour.
20 March, 2023•12 min
0
20 March, 2023•12 min
0
More in Internet
Internet
A comprehensive thesis on why online dating has consistently failed in India
For more than 25 years now, Indian companies have struggled to solve for love and relationships. At the heart of it is a complicated user base.
You may also like
Internet
Fintech Hala’s new millions
One of the largest-ever funding rounds among the Middle East startups, Carrefour’s latest exits and other updates from the week.
Internet
Physics Wallah carries the baggage of the industry it’s meant to redeem
Aggressive accounting, failed acquisitions and soaring customer acquisition costs lurk beneath India’s first edtech IPO.
Internet
How Reliance’s $180 million bet on Embibe came to naught
The edtech company was supposed to be the conglomerate’s answer to India’s education crisis. Seven years and $180 million later, the AI-powered startup has quietly vanished into corporate obscurity.