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
SoftBank exits major InMobi stake in $250 million buyback deal
Ahead of the planned IPO, InMobi founders have bought back more than 30% of the company from the Japanese investment giant, raising their stake to around 60%.
You may also like
Internet
FabHotels pivoted to corporate travel for survival. Can it grow?
The challenges of running a budget hotel chain in India forced the decade-old company to quietly shift its focus to a travel management platform for corporate travellers. Now it must face challenges of another kind.
Business
Dubai’s red-hot property market may be cooling
The latest quarterly report on the emirate’s real estate market, a new listing in Saudi Arabia and an Airtel arm eyes a UAE IPO.
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.







