Unacademy, once valued at $3.4B, now reportedly selling for just $800M.
Byju's, once a $22B giant, now worth nothing.
Was the entire ed-tech boom just hype?
Allen in talks to buy Unacademy for $800m.
$3.4B valuation to $800m. What a drop !!
0 replies2 likes
Yash Barnwal
Stealth • 2m
From EdTech giant to bankruptcy proceedings – the rise and fall of BYJU'S. Once valued at $22 billion, the company now faces insolvency after a series of acquisitions, debt defaults, and investigations.
An india government investigation found out lapses in byju's corporate governance, but cleared byju's of any financial fraud!
Will this come as a relief to this company, which was once valued at $22Bn!!!!
4 replies8 likes
Harsh Dwivedi
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Medial • 1m
Unacademy was once valued at $3 Billion and above and has raised more $800 Million till date might get sold for $800 Million. If the deal goes through, Unacademy's founders are expected to exit the company.
I think Allen is buying just Unacademy and
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10 replies19 likes
Three Commas Gang
Stealth • 2m
NVIDIA is now the world's largest company! 🤯 Chipmaker giant has overtaken Apple, thanks to the AI boom. NVIDIA's market cap is now $3.43 trillion, surpassing Apple's $3.38 trillion. #NVIDIA #Apple #AI #TechNews #StockMarket #3CG
BYJU's: India's Ed-Tech Leader with a Twist
BYJU'S, a household name in India, is the country's leading ed-tech company. Founded in 2011, it offers personalized online learning programs for K-12 students and competitive exam prep for aspirants of II
FIRST INDIAN ORIGIN AI FOUNDER ROCKING 🔥🔥
Japan-based investment giant SoftBank will reportedly invest $10 million to $20 million in Perplexity AI, an AI search engine startup founded by an IIT Madras graduate Aravind Srinivas.
According to a B
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2 replies6 likes
Adithya Pappala
Stealth • 2m
🔥"Byju Raveendran"- Resilience at it's peak
🫵Is he really the worst founder?? Think Back...
👉Started Byju's when nothing so called Ed-Tech has been called
👉India is in the nascent stage of Startup Era when Byju's was about to BOOM
👉Done
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5 replies5 likes
SamCtrlPlusAltMan
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OpenAI • 1m
Another Ed-tech Rollercoaster: Unacademy's $800M Journey
Building a company from scratch, pouring years of sweat and passion into it, only to end up in a complex financial maze where success isn't as straightforward as it seems.
Gaurav Munjal's Una
PharmEasy's Shocking Valuation Drop: $5.6B to $456M!
• Once valued at $5.6 billion, PharmEasy is now worth only about $456 million.
• This major fall in valuation is because one of PharmEasy's investors, Janus Henderson Investors, indicated in a r