Byju’s SPAC plan looks shaky
With the US Federal Reserve indicating a rate hike as early as March and tech stocks taking a beating, the Indian edtech firm’s plan to go public may get pushed to the end of 2022 or even later.

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
Gaurav Munjal’s exit from Unacademy turns messy over money, special demands
With the test-prep company struggling, Munjal wants Rs 200 crore each for co-founders to leave, exposing India’s broken founder-investor power dynamic.
Karan Bajaj, the serial startup hustler, is back
The guy who preyed on your insecurities and sold coding classes for your kids is back to help your loved ones fight cancer. Don’t say we did not warn you.
Urban Company’s growth has hit India’s income divide reality
Last valued at upwards of $2 billion, the beauty and home services business gearing up for an IPO is too small and too susceptible to market challenges. Its draft papers are worth a look.