BYJU's Business Blunders
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BYJU's Business Blunders
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About this listen
This episode explores the dramatic rise and fall of BYJU’S, once hailed as India’s EdTech giant. After explosive growth during the COVID-19 pandemic and a sky-high valuation, the company unraveled under the weight of poor financial management and aggressive business tactics. Excessive marketing spend, high-pressure sales leading to loan defaults, and inflated revenue reporting eroded customer trust and investor confidence. Costly acquisitions of unprofitable firms and an unsustainable Term Loan B further deepened the crisis. As losses mounted, board members and auditors resigned, and regulatory scrutiny intensified. A cautionary tale of unchecked ambition, this episode delves into the systemic issues that brought BYJU’S to the brink.
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