With 2U deal off, Byju’s ambitions suffer a setback
Rising losses, a poor cash reserve and difficulties in lining up financing are limiting the edtech firm’s options to grow its international business.
27 September, 2022•17 min
0
27 September, 2022•17 min
0
More in Internet
Internet
Takeaways from Dubizzle’s rare pause on IPO
The classifieds company postponed its influential public listing on the Dubai stock exchange. A mismatch of expectations was at the core of it.
You may also like
Internet
Swiggy’s crisis of confidence
In the three-way quick-commerce race between Blinkit, Instamart and Zepto, it would appear that Swiggy has the least confidence in its ability to continue. What’s worse is that it is replacing strategy with capital.
Internet
Zepto’s fundraise overshadows Eternal’s quick commerce-driven Q2 growth
The well-timed announcement of Zepto’s $450 million funding on the day of Eternal’s September-quarter results foreshadows what the future holds for India’s quick-commerce landscape.
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?