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Podcast: Moneylife News Bites
Episode: Byju’s Was a Slow Train Wreck, Visible to All but Its VCs
Description: In March 2022, Byju’s, with a valuation of US$22bn, established by a US$800mn (million) fund-raise, was India’s most valuable start-up, despite declaring a loss of Rs4,588 crore for the year ended 31 March 2021. Things have gone downhill since then and even though the signs were always there, the Venture Capitalists invested in Byjus somehow missed it all. Listen to this week's episode as Sucheta Dalal, takes a deeper look to examine where you things have gone wrong with Byjus. Hosted on Acast. See acast.com/privacy for more information.