Once the most-valued edtech firm in the world, Byju’s is now battling serious funding issues, a corporate governance crisis and court battles. The firm will have to urgently raise at least $1.5 billion and set its house in order. Can it succeed?
Caught in a maelstrom of funding constraints, loan repayment issues and bad governance, Byju’s stands at the edge of a precipice, where a forced and unwelcome transformation in size and shape is necessary for survival