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.
7 September, 2025•11 min
0
7 September, 2025•11 min
0
More in Internet
Internet
Physics Wallah’s entry into the perilous education business should set alarm bells ringing
Co-founders Alakh Pandey and Prateek Maheshwari made Physics Wallah the company it is today by keeping their focus on the digital media, test-prep business. With fresh funds at its disposal after the IPO, it is making the mistake of believing it is an education company.
You may also like
Business
Reliance’s growth engines may be losing steam
Telecom and retail, which account for half the conglomerate’s revenue and most of its valuation, aren’t accelerating fast enough to justify their price tags.
Business
Reliance’s battery plans run into a China wall
Mukesh Ambani’s $10-billion bet faces a harsh reality: much of the clean-energy stack still sits overwhelmingly in Chinese hands.
Business
Growth alone isn’t enough, Waaree needs to do more
The solar module maker’s investors want proof of its durability in the face of a leadership change and a costly push into energy storage.