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
Gareeb Investor • 7m
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
mg
News & updates • 4d
Byju’s app pulled from Google Play over payment disruptions.
• Insolvency case continues
• BCCI wants ₹158 Cr back
• Founder calls for a pivot to “Byju’s 3.0”
• Edtech once valued at $22B
India’s biggest unicorn may be facing its final test.
2 replies9 likes
Harsh Dwivedi
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Medial • 5m
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
Mridul Das
Introvert! • 3m
Noida based PW which is currently valued $2.8 billion 💵 e is planning for a $500💵 IPO for valuation of $5 billion💵which is world's biggest IPO for an Ed tech startup. They reported revenue of INR 1948cr💵 ( 160% growth 📈 from 2023). ... Now th
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
Once India's most valued Startup is now Bankrupt..
What made it worse is the incompetency of its Founder Who is now leaving in Dubai after burning Millions with his Ego..
Post covid when Coaching Opened again students chose offline coaching, Event
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1 replies8 likes
Vinayak Shivanagutti
🚀7M+ Post Impressio... • 1y
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
Byju’s was India’s most valuable edtech giant — now it’s valued at ZERO. How did it fall from a $22B star to a cautionary tale?"
Byju’s rapid rise was fueled by aggressive expansion, celebrity endorsements, and massive investments. But cracks began