Too Big Too Fast - From funding FOMO to aggressive acquisitions to now vanishing valuations and a debt trap. The story of Byju's, which is far from over, has lessons for founders and funders. Where they just plain lucky to be at the right place at the right time? Is it a case of flawed processes and not fraudulent practices? Will debt be the death knell for educators' P&L?
Host Anupriya discusses the issue with
Salman SH,from ET Prime, as he details what is going on with Byju's behind the scenes and why directors and auditors are fleeing.
Sriram Somayajula, Co-Founder & CEO of IndigoLearn, explains Why Startups (especially BYJUs) Do Not Deserve Debt.
Get More on Byju’s on ET Prime:
Byju Raveendran treads a takeover tightrope against investors.
Byju's eventful week: Boardroom drama, layoffs, inquiry, revolt.
You can check out more episodes of The Morning Brief on: The Uncertain Fate Of Asia’s Largest Refinery, Has milk politics turned sour in Karnataka?, El Niño: Little Boy, Big Trouble, E-20 Explained: The blender’s pride or bane? And more.
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