New Delhi, Jan 23 (PTI) Edtech major Think and Learn, operating under brand BYJU'S, on Tuesday said its operational loss widened to Rs 6,679 crore in FY22, mainly due to losses incurred by subsidiaries White Hat Jr and Osmo.
ET Prime assesses Byjus growth prospects, financials, and the organisational restructuring that it must undertake to improve its probability of success at a time when the cost of capital is going up. Also, as investors are beginning to re-assess opportunities in a world that is not necessarily going to become completely digital.
Brands across categories are using FOMO generation among consumers to push demand for their products. But does it work out as an effective marketing tactic or backfire in the long run? BestMediaInfo.com finds out