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13 ARTICLES
What’s next for edtech?
It’s time entrepreneurs looked beyond valuations and started focusing on creating value for customers in the existing verticals instead of finding niche segments.
19 Oct 2023
What is Byju’s trying to hide behind phantom loans?
At the heart of the matter lies a less-than-perfect way to calculate revenue.
28 Mar 2023
At Byju’s, a loan crisis and no sign of funding
The edtech giant is stuck with a rising pile of unpaid loans of customers who have cancelled courses even as its founders scour the globe in search of a saviour.
20 Mar 2023
Byju’s in advanced talks to raise $250-300 mn in fresh funding
New funds could be critical, given the firm’s working capital woes owing to schools reopening and a global funding winter.
07 Feb 2023
Byju’s promoters have sold shares worth millions of dollars
Secondary offerings involving a quarter of their total shares between 2016 and 2021 earned them over $100 million.
15 Nov 2022
Byju’s to lay off nearly 12,000, a quarter of its staff
As the company goes into a cost-cutting mode, chasing profitability, the number of job losses could be many times the number Byju’s has put out.
27 Oct 2022
Byju’s turns to internal round as Middle East funding looks shaky
A dismal earning report has investors spooked, even as India’s largest edtech company is set to cut 2,500 jobs in the next six months.
17 Oct 2022
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 Sept 2022
Byju’s 2020-21 financials show it’s a house of cards
Record losses, declining revenue in key markets and questionable accounting practices paint a grim picture of India’s largest edtech company.
15 Sept 2022
Culture a priority for Unacademy now: Gaurav Munjal
In part two of our interview, the Unacademy co-founder answers hard questions on the startup’s work environment, and explains what he’s trying to change.
05 Apr 2022