Dissecting the Byju’s fraud: Who owns Epic and Osmo?
The Bengaluru-based edtech company seems to have flogged its US assets multiple times over the years, putting a question mark on the ownership of the entities that stood guarantee for its $1.2 billion term loan.
10 December, 2024•13 min
0
10 December, 2024•13 min
0
More in Internet
Internet
Eyewear maker Lenskart to hit D-Street on 31 October
The company will raise Rs 2,150 crore through a fresh issue while institutional investors and promoters will be offloading 127.5 million equity shares via an offer for sale.
You may also like
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
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.