:jbz on Nostr: ｢ HSBC estimates that the Indian edtech giant, once valued at $22 billion, is now ...

｢ HSBC estimates that the Indian edtech giant, once valued at $22 billion, is now worth nothing. The write-down in its estimation makes Byju’s one of the most spectacular startup slides in recent memory ｣

https://techcrunch.com/2024/06/08/how-indias-most-valuable-startup-ended-up-being-worth-nothing/

#edtech #india #hype