India’s Education-Tech Bubble Goes Pop
India’s Education-Tech Bubble Goes Pop
India’s education-technology companies—some of the biggest beneficiaries of the pandemic tech frenzy—are facing testing times. Not all will pass. Last week, local media broke the news that India’s largest ed-tech startup, Byju’s, was struggling to turn the page on an $800 million funding round unveiled in March. Investors Sumeru Ventures and Oxshott hadn’t yet transferred about $250 million of…
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