Just in : BlackRock cuts Byju’s valuation by 95% to $1 billion 🌀
Sad state of Indian Edtech. Next would be Unacademy.
Sad state of Indian Edtech. Next would be Unacademy.
Yet Byjus used to be the poster boy of indian edtech industry. It's all their handiwork. Bad karma always bites back.
I remember people bashing Coursera a few years back and saying Byju will take over the whole world of edtech. Compared to biju wiju the folks at Coursera are bloody saints.
Also weekly reminder that edtech is a scam
Rumours are floating that Unacademy is getting sold by one of its main investors to another Edtech company in their portfolio for just 400 Million dollars, their last round valuation was 3.5 Billion dollars
But founder Gaurav Munjal s...