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Detailed stories on technology startups, business and economic current affairs.
The fundraise by cash-strapped Byju’s—at a staggering 99% drop from its $22 billion valuation—has put investors at loggerheads with the founder and his family and sparked calls for them to step away from the board.

The markets regulator has taken little by way of decisive action, with industry resistance and its own wait-and-watch approach getting in the way.
Falling revenue, mounting losses and stalled business lines make it increasingly hard for the payments bank to fund a costly lending buildout.
The region seems to be hyper-focused on boosting investor confidence in different markets; PIF’s new loan.