Morning Brief Podcast: Byju's: From Ed-Tech empire to endgame? | The Economic Times Podcast
Byju's, once the poster boy of Indian ed tech, stands on the precipice of collapse. Byju Raveendran, the educator turned entrepreneur pushed it to wild limits of growth, with 28 rounds of fundraising that ultimately valued it at $22 billion and a debt-fuelled spree of acquisitions. Now many of the moves have backfired. The company’s cash reserves are razed; it faces legal wrangles; has antagonised investors and is struggling to raise money. With angry investors calling for Raveendran’s ouster, is it the final chapter for this unicorn? Host Anirban Chowdhury talks to Nirgunan Tiruchelvam, h...
Source: indiatimes.com