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, 202217 min
0
With 2U deal off, Byju’s ambitions suffer a setback

You may also like

Business
Story image

Duroflex wakes up as Wakefit closes in on an IPO

The six-decade old mattress maker files its draft IPO papers just as Wakefit wins approval for a public market debut—setting up a bruising battle for the No. 2 spot.

Internet
Story image

Is CarTrade biting off more than it can chew with CarDekho?

The potential deal, if completed, will create one large player and among the largest pre-owned vehicles businesses. Whether CarTrade can afford it is something investors need to watch out for.

Internet
Story image

Prosus bets long (perhaps too long) on ixigo investment

The technology investor’s move to pour Rs 2,000 crore into the online travel aggregator comes as a surprise. Can ixigo live up to the promise of becoming India’s next big travel platform?