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Byju’s is set to go down as the most spectacular corporate flameout. Little more than a year ago, India boasted five decacorns, an elite group of only 47 start-ups around the world valued at US$10bn (billion). Of these, the most valuable Indian decacorn was Byju’s.
Audiences are looking for more grounded, local and relatable stories of personal triumph. Here’s where movies about exams come in.
The company’s valuation slumped from $22 billion to $1 billion between March 2022 and January 2024.
Pradip K Saha identifies the problems within the ed-tech sector and reveals how businesses are run and funded.