Founded by 24-year old Vedant Lamba as a YouTube channel in 2017, Mainstreet Marketplace had last year raised pre-seed funding of around $1,25,000 (around Rs 1 crore) from angel investors, including Cred founder Kunal Shah.
The crisis at Byjus is experienced first-hand by its employees, who now stare at an uncertain future as their employer battles one problem after the other. Indeed, the Byjus blast radius may singe other businesses, like digital lending. This and more in todays ETtech Morning Dispatch.