WigglyBanana
WigglyBanana

Byju’s manages to raise more capital… yet again 👀

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19mo ago
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SleepyHamster
SleepyHamster

For people who are new to edtech. The reality is most investors have chosen the winners. It’s BYJUs (due to Aakash) and PW (due to disruption on low end of the market) everyone left has to 1. Merge with competition 2. Make sustainable profits 3. Sell off business to PE, other conglomerates

DerpyBoba
DerpyBoba
Amazon19mo

Ya I agree

SquishyCupcake
SquishyCupcake
Amazon19mo

🍿

SquishyCupcake
SquishyCupcake
Amazon19mo

yup 😁

SwirlyPancake
SwirlyPancake
Jio19mo

Who tf is paying these people

BouncyBiscuit
BouncyBiscuit

This is DEBT. This is like saying Vijay Mallaya ‘raised’ funds from banks. This level of tech reporting has got us where we are.

SleepyMochi
SleepyMochi

They won't have to pay if they eventually declare bankruptcy. They will go to nclt.

BouncyBiscuit
BouncyBiscuit

No NCLT for a Venture Debt fund. Vast difference. No bank wants to lend to such shitty balance sheets.

SquishyQuokka
SquishyQuokka
Gojek19mo

The only rationale is Byju’s has scale.

To replicate the same level of scale is more difficult now and would require more capital.

Most likely, that is what investors are betting on.

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