BYJUs has raised a round of 700 M last week in a tight funding market, investors are said to be Middle East based sovereign wealth fund. It is said messi partnership and fifa World Cup had introduced the firm to Middle East sovereign funds
Something that's been debated for quite some time, to clarify they've received term sheets for investments and these could go either way depending on how the conversation progresses. It's more indicative of what Byjus wants to raise despite the current situation, not actual money in the bank that they have recieved!
Fund raising koi isse seekhe
Keep looting investors 👍
crap, its a scam
Ever wonder how a teacher became a billionaire? That's the BYJU'S story, as told by Inc42's Bismah Malik. Buckle up, it's quite a ride.
Back in 2010, Byju Raveendran was teaching in stadiums. Yes, stadiums. He was that good. Fast forw...
Will these cash burning companies just continue raising money and biding time or will they implode soon? Not well informed on this, genuinely want to know how this works And what happens to their 1000s of employees
Absolutely crazy stuff. To summarize what I read:
The games that the rich and wealthy play. We're way to far away from it. And we'll probably never get it? Fuck it
everyday some negative news comes about this company. When will the positive news of its shutdown come?
Next up on Netflix: “From BYJUs to No Juice : The fall of an EdTech empire”