Another Byjus in Making

Indian VC's will never learn. With losses mounting to INR 3000 Crores, this is another debacle in making.

9mo ago

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JazzyMochi

TigerGlobal is not an indian vc 🙈, and its a debacle for who exactly?

SnoozyPickle

Student9mo

Except the fact that they're not leeching out naive parents and selling them iit 10cr package deals

CosmicDumpling

Ecommerce isn’t easy out here. Look at amazon and flipkart. They haven’t turned profit in years. It is a long term bet. It may pay off eventually.

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Curated from across

by SqueakyPickleGoogle

Byju’s has faced consolidated losses of nearly Rs 8,300 crore ($1 billion) in FY22... Reminds me of "जितने का बबुआ नहीं उतने का झुनझुना"

by SillyDonutTCS

If founders care more about customer then they don't have to bow infront of VCs.

Customer Obsession >> Funding Obsession

Top comment

He n Mrinal Mohit had played a very dirty game of looting the common man. They targeted the below poverty line people...

by WigglyBananaStealth

Investment giant Prosus has written down the valuation of edtech giant Byju's to below $3 billion...

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