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
Google Preferred Source Badge
Share
Getting your Trinity Audio player ready...
Doubtnut sells for a fifteenth of what it was offered by Byju’s 3 years ago

You may also like

Business
Story image

BOB's Rs 10,000-crore green bond cracks open a new market for Indian banks

The state-owned lender’s successful issuance—and rare pricing advantage—signals India’s hesitant sustainable finance market may finally be maturing

Business
Story image

Rahul Bhatia is IndiGo’s good, and bad, news

Investors have backed the founder’s move to ease out the airline’s CEO and take charge in the interim. But they should be worried about the airline’s dependence on him.

Business
Story image

Does IndiaMART’s stock price really mirror its business reality?

The B2B marketplace has done almost everything right, attracting value investors like Pulak Prasad. Yet, the stock continues to languish.