Byju s, once the poster boy of Indian ed tech, stands on the precipice of collapse. Byju Raveendran, the educator turned entrepreneur pushed it to wild limits of growth, with 28 rounds of fundraising that ultimately valued it at $22 billion and a debt-fuelled spree of acquisitions. Now many of the moves have backfired. The company’s cash reserves are razed; it faces legal wrangles; has antagonised investors and is struggling to raise money. With angry investors calling for Raveendran’s ouster, is it the final chapter for this unicorn? Host Anirban Chowdhury talks to Nirgunan Tiruchelvam, head of consumer and internet at Aletheia Capital, ET’s Samidha Sharma, Manu Toms, and Rashmi Rajput. Tune in to the latest episode of The Morning Brief podcast!
Unicorn founders delved into their playbooks to unravel insights into how they navigated the ups and downs of their startup journey, while investors and industry leaders provided a blueprint for profitability at the Delhi-NCR leg of the ET Soonicorns Summit 2023. This comes at a crucial time as the Indian startup-tech ecosystem undergoes a significant shift, charting its course towards resilience. Here are some key learnings from the past years that signify the spirit of the great reset and promising results.
The ET Soonicorns Summit 2023 promises to be a one-of-its-kind platform for knowledge sharing and networking, offering attendees a unique opportunity to connect with industry leaders, policy makers, and the visionary founders behind tomorrows unicorns. With a diverse array of sessions covering a wide range of topics, this summit will provide valuable insights and strategies for success in the dynamic startup ecosystem. Here are the key speakers and sessions to look forward to during the ET Soonicorns Summit 2023, taking place on November 3 in Delhi-NCR.