Once hailed as a model for edtech companies in India, BYJU’S is now facing a war on many fronts. Its challenges include mounting losses, cost pressures, and the repayment of a hefty $1.2 billion loan amid growing concerns of overvaluation.
Despite the headwinds, the company is believed to be in the market to raise capital. Last month, DealStreetAsia reported that BYJU’S was in final talks to raise $250 million at a flat valuation of $22 billion.
An investor darling during the peak of the pandemic, the edtech sector has fallen on tough times more recently.
Against this backdrop, DealStreetAsia is hosting a webinar with Byju Raveendran and Divya Gokulnath, the co-founders of BYJU’S on April 12 at 12 pm IST (2:30 pm SGT).
The webinar will address major issues that have cast a shadow on the edtech sector and raised doubts about its sustainability. The discussion will be co-moderated by Paramita Chatterjee, Editor, India, and Vibhuti Sharma, Correspondent, India of DealStreetAsia.
Sign up now, so you don’t miss out on what promises to be one of the most essential discussions on Indian edtech that will set the tone for 2023 and the years to come.