Doubtnut sells for a fifteenth of what it was offered by Byju’s 3 years ago

The stress sale seemed to be the best option for the cash-strapped edtech startup, which has been struggling to raise money for a while.

5 December, 20231 min
0
Doubtnut sells for a fifteenth of what it was offered by Byju’s 3 years ago

You may also like

Business
Story image

RBI wants IndusInd Bank promoters, the Hindujas, cut to size

After successive controversies and growing unease over promoter influence, the central bank is reshaping the lender—starting with management, moving to its board and tightening the screws on ownership.

Business
Story image

The weight-loss wave that’s changing India—one sector at a time

Mounjaro’s blockbuster debut has already sparked a seismic shift across Indian healthcare, diagnostics and pharma. A marked change in consumer behaviour looks imminent.

Business
Story image

Abu Dhabi’s $16 billion push to become a finance magnet

Highlights from Abu Dhabi Finance Week, Qatar’s new (and bolder) AI ambition and the bid for Warner Bros. Discovery.