For many companies, promised turnaround is usually a couple of years away. The shift of focus from externally funded growth to sustainability will provide a reality check for the sector.
By M. Sriram MUMBAI (Reuters) - Education technology giant Byju's, one of India's biggest startups valued at $22 billion last year, has run into problems, from lawsuits and auditing issues to layoffs
Parents are disenrolling their kids from platforms like WhiteHat Jr and CampK12 because they no longer see the value. Industry experts say hype has died down, but there’s hope yet.
Byju’s acquired WhiteHat Jr for $300 million in 2020. Reports had hinted that edtech giant was considering move to wind up the 'coding-for-kids' platform.
BYJU’s founder Raveendran has been asked to appear before apex child rights body with details of courses, fees, number of students, refund policy and relevant legal documents.
In a letter to ICAI President Debashis Mitra, Chidambaram raises concerns about BYJU’s ‘misrepresentation of facts’ & the company’s 18-month delay in filing its FY21 financials.
The next time you see a post featuring a sari-clad woman at a party or a travel reel from an unknown location, ask yourself — how does her joy threaten yours?
From Munir’s point of view, a few bumps here and there is par for the course. He isn’t going to drive his dumper truck to its doom. He wants to use it as a weapon.
COMMENTS