Byju’s is in no rush to save Gaurav Munjal’s Unacademy
A merger with Aakash would have given Unacademy a shot at making a go of it in offline coaching. Without it, Munjal’s task of keeping his company afloat is that much harder.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
$99 for one year
Not ready to subscribe? Sign up for a free account
We value our free readers. Read 100+ stories every year.
More in Internet
You may also like
The quick rise and even quicker fall of India’s smartwatch industry
At a time when startups selling chips or pet food have raised millions of dollars in funding, investors have shunned wearable tech companies. The fate of the sector hangs in the balance.
Byju Raveendran accused of negotiating secret payments with Indian officials while claiming bankruptcy
Amid creditors’ allegations that the missing $533 million from a term loan is being quietly used to settle cases in India, Delaware bankruptcy court grants them unrestricted use of confidential documents to pursue the matter.
Does a for-profit motive hurt education?
A popular argument is that we must be wary of private equity investment in education because these funds operate with a profit motive that results in high fees and poor outcomes. This is selective hypocrisy complicated by a lack of choice.
