Is the new Rajnikant film about Byju’s Scam?
I watched the new Rajnikant film Vettaiyan which has Amitabh, Fahad Fasil and Rana Daggubati. The similarities 1. Rana Daggubati is a very ruthless and ambitious edtech founder named Natarajan and his Ed tech company is called ‘Nat academy’ 2. He is showing doing a live class in a stadium 3. The sales team is shown misselling and deliberately avoiding refund calls from parents 4. Nataraj innovates business model to sell sub standard tablets with content through expensive bank loans 5. Sales folks are shown eerily doing the same sales pitch as byju sales folks Ofcourse the scam is exxaegrated to fit audience sensibilities, but most scenes of Rana and his nat academy are eerily close to the stories reported about byjus!
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Indian Startups on
by Blair Taye
Razorpay
Just in : BlackRock cuts Byju’s valuation by 95% to $1 billion 🌀
BlackRock has yet again cut the value of its holding in Byju's, slashing the implied valuation of the Indian startup to $1 billion from $22 ...
https://techcrunch.com/2024/01/11/blackrock-cuts-byjus-valuation-by-95-to-1-billion/
Indian Startups on
by Dezi Gabriel
Stealth
A fun read on the Byju's situation
The best trades are opportunistic
https://boringmoney.in/p/investors-rights-issue-sue-byjus?utm_source=grapevine&utm_medium=social&utm_campaign=investors-rights-issue-sue-byjus