I think anyone who’s rigid to other ideas becomes a problem for humanity in a longer term. Capitalism is part of life (and hence education). The same capitalism motivated majority of us here to study, work hard and arrive in life.

Product Manager

Hypocrite. Look up where his own daughter studied.

Content Strategist

Homeschooling is a way to go  
 No pressure for child  
 Child can enjoy the childhood  
 Can learn the subject that interest them  
 No waist of money on child education

Software Engineer

I guess many of you know Dr. Anirudhha Malpani and his views on Byjus and now he might be after this as well, not sure tho!  Keeping aside the business mindset, do you agree to his views or you hav...

Welcome to News Discussion's Private Community

I guess many of you know Dr. Anirudhha Malpani and his views on Byjus and now he might be after this as well, not sure tho!

Keeping aside the business mindset, do you agree to his views or you have a roadmap of thoughts?

As per his tweets, he is mostly into homeschooling. His tweets really give a second thought on next generation's way of learning.

Your take grapeviners?

Doctor Vs Edtech

Growth Manager

Doctor Vs Edtech- Grapevine

Welcome to Indian Startups's Private Community

You know the stereotypical Edtech startup - sales-driven, promises good placements, no quality control, overpriced AF.

Is there any company who's actually focusing on building something valuable in this space?

Are there any 'ethical' Edtech startups in India?

Welcome to Product Managers's Private Community

I have been on this journey for a long time now. Lots of failure comes with loads of learning. Each step or initiative I took has helped me grow as a person, the business guy (ed-tech, media space), and also in terms of technicalities (full-stack product management, hardcore hands-on into technology and I love user experience)

Ps: currently running an edtech startup in pre-seed/seed stage

Feel free to ask anything, would be happy to help even personally

5 years of failure (Entrepreneurship) AMA

Founder

The offline coaching industry in India is one of the most profitable and lucrative businesses so why does Edtech giants like Byju's, unacademy fail to replicate the in profitability terms.

Why are Indian Edtech failing?

I'm tired of people calling everything in edtech a scam, of course the companies don't help themselves by their bs marketing and unattainable placement claims and other bullshit

But I'm genuinely curious as to what grapers/ grapies / viners find to be not a scam in edtech ?

If everything in edtech is a scam, what is not ?

Computer Operator

Remember that poem 'Ozymandias'

Business Analyst

This will be taken down from reddit by mass reporting in some time. So sharing it here before that. Ps: not my post

🚨 EdTech scam

Investor

Absolutely crazy stuff. To summarize what I read: 

1) Byju's apparently transferred $533Mn to Camshaft Capital - a random hedge fund in Miami that was started by a 23 year old, with barely any investing experience. 
2) This hedge fund is run out of a building that has an iHOP (yes the food chain). When asked about the whereabouts, nobody even recognizes if the fund actually exists there
3) This fund typically accepts only upto $50Mn. How come Byju's transferred $533Mn to them?
4) 2023 Ferrari Roma, a 2020 Lamborghini Huracán EVO, and a 2014 Rolls-Royce Wraith -> All registered on this fund's papers 
5) Now, Byju's lenders have filed a case against Camshaft in the US.


Link to original article: https://www.bloomberg.com/news/articles/2023-09-12/byju-s-hid-533-million-in-hedge-fund-camshaft-run-from-miami-ihop-lenders-say#xj4y7vzkg

Byju’s Hid $533 Million in Fund Run out of an IHOP outlet 🤯

The games that the rich and wealthy play. We're way to far away from it. And we'll probably never get it? 

Fuck it

Analyst

Welcome to Office Gossip's Private Community

Edtech is dead, agreed. But we haven't reached the quality of output which is expected from education in India. We don't have quality outputs, most youngsters are unemployed and this change has to start from education. 

Byju, UA or Vedantu are the highest valued edtechs but they are not the face of what an education company should be like in a country like India. Let's leave them to the karma of their shortcomings and cheating. 

On a serious note trying to understand how we can use amalgamation of tech and education to get the desired result.

Things you would change about edtech!

Product Owner

Who is going to be your pick for our Education Minister, from all CEOs of Indian companies?

30% of engineers will be gone.
50% of higher managenment will be gone.
List contains a total of 80 devs/managers/directors/Vp/CTO from Tech team, reducing the Tech Team size to merely 130.

How does byjus justify their valuation, when there is no value ?

Byjus 6th Round on 4th Dec 🥲

As the title says. Have worked close to 10 years now in 
this industry. Can answer on how sales, marketing and operations work here. Never had visibility on funding etc but have seen the ill effects of toxic VC money

AMA about Edtechs

Like Adele sang in Skyfall, “This is the end, hold your breath and count to ten”

With a planned $1 billion equity fundraise from Middle Eastern investors still in limbo, Raveendran broke down in tears defending his company, according to people who attended the calls.

Star founder broke down in tears as crises engulfed Byju’s

Just In: Byju Raveendran breaks down in tears as crises engulfed Byju’s

Graphy has forced a 30% salary cut on each employee to achieve profitability this year. This cut will be applicable from February onwards until 7-8 months. 

Truly a sad time for the Edtech ecosystem.

30% Salary Cuts at Unacademy

I repeat: 
  
 If you have options, avoid joining EdTech companies. 
  
 If you're already working for one, exit at first opportunity. 
  
 Indian EdTech companies are largely sweat shops in fancy office buildings.

Growth And Strategy

Program Manager

Just last week he was giving gyan on why BYJUs failed. Welcome BYJUs 2.0..

Another one bites the dust...

Sales

As informed earlier but many here said it's fake news.

Byjus: Arjun Mohan is the new CEO

then can bring Mahabharat ka arjun along with Sri Krishna, but  the decline of this company  is inevitable.

Consultant

Engineering Manager

Discord Layoff 17%

India’s only profitable edtech start-up is trying to raise funds not because it needs the money, but to increase its valuation and for potential M&A deals.

Doctor Vs Edtech

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