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Post Byju’s, investors worried about governance at startups: GSV Ventures MD Deborah Quazzo

Economic TimesEconomic Times · 10m
Post Byju’s, investors worried about governance at startups: GSV Ventures MD Deborah Quazzo

Deborah Quazzo, managing partner of edtech investor GSV Ventures, expressed concerns about governance among Indian startups, citing recent developments around troubled edtech firm Byju's. Quazzo mentioned that the edtech sector is challenging to make profitable and faces regulatory friction. She also emphasized the need for transparency and governance from both investors and startups. Byju's, valued at $22 billion, has faced criticism for corporate governance issues and is aiming to raise $200 million in a rights issue. Quazzo also discussed potential consolidation in the edtech space and highlighted the B2B K-12 segment as an opportunity for growth in India's edtech market.

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