Next Byjus in making?
PhysicsWallah's revenue jumps 161% to Rs 1,940 crore in FY24, losses widen to Rs 1,130 croree
Magic isn’t it
So now the valuation will dip from 3billion to even lower. But Byju himself has made a lot of money. I read somewhere that > 150M was shifted to foreign countries under the pretext of investments. So he doesn't have to worry. Just needs to stretch this as much as possible
PhysicsWallah's revenue jumps 161% to Rs 1,940 crore in FY24, losses widen to Rs 1,130 croree
First, they had a layoff. Lot of good people quit including great people Then, they had a second lay off Some great people in the leadership quit. Middle management people are quitting every day. Only engineers and other people who are...
First the audit report got delayed. Now they’ve reported a loss of over 4.5k cr. And I believe they’re like a mothership of edtech, if they gone down then the entire category goes down from an investment perspective