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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Through a Singapore-based company he owns, CEO Byju Raveendran owns a significant portion of the offline tutor, the only profitable business in the house.
When news broke in January 2021 that Byju’s, India’s most valuable unicorn, which was then valued at $12 billion, was in talks to buy Aakash Educational Services Ltd for $1 billion, it took edtech industry watchers by surprise.
The deal, one of the world’s biggest edtech acquisitions, was announced three months later. It was a move that came out of left field. A pioneer of online education in India going after the champions of offline coaching. It started a trend. Today, every online education company either has or is planning to have an offline presence, but I digress.
Two years …
Physics Wallah’s desperate pursuit of growth has led to another bold announcement. The latest move centres around one of India’s most competitive test-prep pockets.
The UAE-based school operator is making a move into Saudi Arabia as it enters its biggest expansion phase yet.
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?
