/
•
•
Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
As the beleaguered edtech company fights bankruptcy, a deeper look at how reports by leading consulting firms—meant to serve as independent assessment—instead became a tool to drive up valuations and shield companies from criticism.
“It will be very difficult for you to find NPS of 68% for an education brand, and 69% for the paid users,” Byju Raveendran said confidently, scrolling through pages of a report on his MacBook. “Aakash has an NPS of 58%… This is not anecdotal. This is scientific, based on interviews with 8,000 paid users. They didn’t do for us. They did it for investors. We didn’t give them money.”
It was 10 November 2022, and Byju’s co-founder Raveendran was referring to a recent report by consultancy Bain & Company on Think & Learn, the parent company of Byju’s. We …
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.
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.
At the ASU+GSV & Emeritus summit in Gurugram, even as experts rallied behind AI, everyone seems to have forgotten the significant failures in the last five years.
