Three crises and a lesson for edtech investors
Byju’s downfall has grim echoes of the fate that once befell Educomp and NIIT. Before hitting the wall, all three charted out aggressive growth plans on the back of investors’ immense faith.
28 June, 2023•6 min
0
28 June, 2023•6 min
0
Getting your Trinity Audio player ready...

More in Business
Business
The Gulf Report: UAE markets cheer on US-Iran ceasefire
Dubai stocks saw their best day in a long while on Wednesday, property data for the first quarter shows the market held its own and other updates from the week.
You may also like
Business
NSE’s IPO bankers likely to run into a seller problem
Many of its 186,000 eligible shareholders are unlikely to sell their stock in the upcoming offer-for-sale—opting to resist formal price discovery and wait it out instead.
Business
HDFC Bank’s supposed can of worms needs to be opened and investigated
Atanu Chakraborty’s resignation does not appear as damaging as the bank’s response to it. The ‘all is well’ narrative needs an independent audit.
Business
Beeline and the murky world of SME IPOs
Multiple run-ins with SEBI have not slowed the merchant banker, raising questions about due diligence standards in India’s booming SME listing market.







