The fake investment that connects Byju’s and Sri Sri Ravi Shankar
Sumeru Ventures, a curious Los Angeles-based fund, participated in a $800 million round in Byju’s. But the money hasn’t come in and questions are being raised about the fund’s antecedents.
4 July, 2022•11 min
0
4 July, 2022•11 min
0
More in Internet
Internet
Is the cross-border payment aggregation wave here to stay?
Firms like Razorpay and Pine Labs are eyeing the lucrative international remittances market with their newly received cross-border payment aggregator licences. The opportunity, albeit large, is not without challenges.
You may also like
Business
Varkey Group’s GEMS bets on Saudi Arabia to revive global ambitions
The UAE-based school operator is making a move into Saudi Arabia as it enters its biggest expansion phase yet.
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.