Byjuās dramatic downfall has sent shockwaves across the edtech industry. Once the poster child of Indian edtech, its collapse has forced the entire sector into a moment of reckoning. Vedantu is treading cautiously, prioritising survival over scale. Unacademy is still burning massive capital to stay relevant. Meanwhile, Physics Wallah is expanding aggressively, defying the odds. Are we seeing true innovationāor are we inching toward the next big implosion?
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