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The logo of Byju’s, the EdTech startup. | Photo Credit: Reuters Indian edtech company Byju’s is staring at insolvency proceedings on July 16 following a tribunal order, deepening a crisis that has seen the one-time market darling’s valuation plunge from about $22 billion to less than $2 billion. Byju’s, which describes itself as the “world’s…
Read More “How India’s Byju’s went from startup star to facing insolvency” »
Byju’s, once one of India’s premier EdTech startups, now faces insolvency proceedings. File | Photo Credit: REUTERS An Indian tribunal on July 16 started insolvency proceedings for EdTech firm Byju’s after the country’s cricket board complained about failure to recover $19 million in dues, dealing another blow to a company that was once India’s biggest…
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