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March 1, 2024
Shareholders' vote to oust edtech founder Byju Raveendran caps a remarkable fall for the former billionaire whose startup was once India's most valuable.
February 24, 2024
Audiences are looking for more grounded, local and relatable stories of personal triumph. Here’s where movies about exams come in.
January 31, 2024
The company’s valuation slumped from $22 billion to $1 billion between March 2022 and January 2024.
January 14, 2024
Pradip K Saha identifies the problems within the ed-tech sector and reveals how businesses are run and funded.
January 11, 2024
Would Byju’s have had a less glamorous but more stable run as a nonprofit like Khan Academy? Raveendran was in too much of a hurry to find out. The founder and his VC backers chose blistering growth over social relevance and have ended up in the deep hole they are in now
January 11, 2024
The group is facing an acute liquidity crunch. Amid mass layoffs and deep losses, the former billionaire founder has sold his homes to pay salaries. Still, Raveendran is not entirely out of options. Byjus could raise funds by selling Epic!, its US-based kids digital reading platform. At home, its physical test-prep business has seen interest from a wealthy Indian investor. In a sale or initial public offering of the unit, the crown jewel of the shrinking empire could fetch more than the nearly $...
December 21, 2023
Fixing it requires making it the business of society. Government, too, must up its creativity quotient and double its spending