An inside look at the education technology company reveals a culture devoid of ethics, morality and respect for fair business practices.
We rarely make our stories free to read. This one is, so make the most of it.
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
No payment details required
Limited time offer $125 $99 for 1 year
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.
The edtech startup’s four-year journey from ambitious disruptor to shutdown offers crucial lessons on innovation, market realities and the resilience of traditional higher education institutions.
Venture capital investors hyped up Byju’s, declared it gold and made millions of dollars. When the hubris surfaced, they washed their hands of it and walked away scot-free.