Byju’s American dream ends in a fire sale

Tynker and Epic, on whose acquisition Byju’s spent over $700 million, fetch less than $100 million in a court-ordered auction in the US.

9 June, 20252 min
0
Byju’s American dream ends in a fire sale

You may also like

Internet
Story image

Young consumer startups are forcing a reinvention of India’s FMCG giants

The country’s changing market dynamics are pushing consumer goods giants to acquire young startups. We look at why—and whether—it works for both sides.

Internet
Story image

Gaurav Munjal to finally exit Unacademy

In the making for many months now, the final outcome at the edtech startup is an instructive episode for both founders and venture investors on when they must let go.

Business
Story image

EaseMyTrip Q1 announcements show obfuscation, more pointless acquisitions

The online travel aggregator’s growth struggles get worse, even as it announces worryingly pointless acquisitions instead of setting its house in order. There’s no respite for its public shareholders.