If a company as high-profile as Byju's, backed by top investors like Sequoia and Chan-Zuckerberg Initiative, could pull this off, imagine what's happening in less scrutinized startups. The GoMechanic fraud showed similar patterns but at a smaller scale.
The Rise of Byju's: India's EdTech Giant
Byju's, founded in 2011 by Byju Raveendran and Divya Gokulnath, has transformed from a startup to a multi-billion dollar edtech company, shaping India's education landscape.
Its innovative approach, using te
How Elon Solved a Major Problem at PayPal, Easily!
In the early days of PayPal, fraud was a major issue, costing the company millions annually.
These frauds included account takeovers, using stolen cards to make transaction, creating fake accounts
Thorndike’s experiment with cats showed how the environment shapes behavior. Cats learned to pull a lever to escape, reinforcing that the most obvious and rewarding option drives choice.
In choice architecture, this applies as:
1. Environment influ
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3 replies8 likes
Aroneo
| Technologist | ML ... • 3m
Machine Learning vs. Deep Learning: What’s the Real Difference? 🤖⚡
Machine Learning (ML) and Deep Learning (DL) are both AI-driven, but they’re not the same! While ML relies on algorithms to learn from data, DL uses artificial neural networks to pr
In 2010, two Irish kids set out to pull off the biggest upset in Silicon Valley history.
With one email to Paul Graham and a simple hack, they built a $95B company.
Here's the crazy story:
At 16, Patrick and John Collison built software for eBay
80% of Indian apps trick users into sharing more information than intended.
A recent study by the Advertising Standards Council of India (ASCI) Academy, in partnership with design firm Parallel HQ, has revealed the widespread use of deceptive or "da
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Havish Gupta
Figuring Out • 2m
This Indian startup is building OpenAI for India!
Meet Sarvam AI, an AI startup founded by Vivek and Pratyush in 2023.
Their goal was to build AI models for India.
With this thought, they launched Sarvam AI and raised $41 million from Lightspeed a
𝗣𝗮𝘁𝗿𝗶𝗰𝗸 𝗖𝗼𝗹𝗹𝗶𝘀𝗼𝗻 𝗼𝗻 𝗵𝗼𝘄 𝗯𝗼𝘁𝗵 𝗦𝘁𝗿𝗶𝗽𝗲 𝗮𝗻𝗱 𝗙𝗮𝗰𝗲𝗯𝗼𝗼𝗸 𝗱𝗼𝘂𝗯𝘁𝗲𝗱 𝘁𝗵𝗲𝗶𝗿 𝗶𝗱𝗲𝗮𝘀 𝗶𝗻 𝘁𝗵𝗲 𝗯𝗲𝗴𝗶𝗻𝗻𝗶𝗻𝗴
Stripe wasn’t an obvious billion-dollar idea at first.
Even after building the first vers