
Sign up to save your podcasts
Or


Last week, edtech giant Byju's saw its valuation come crumbling down from $22 billion to $8 billion. And June 5, 2023 happened to be the last day for the company to pay off a $40 million instalment on its highest unrated loan.
This is, of course, only a part of Byju's problems which range from bad press to a growth slump and a lot more. To say that Byju's is in a precarious position right now would be an understatement. The question to ask is: will it sink or swim?
There is one tiny glimmer of hope.
Tune in to find out.
Recommended reading: Byju’s is looking like a hedge fund
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.
By The Ken5
99 ratings
Last week, edtech giant Byju's saw its valuation come crumbling down from $22 billion to $8 billion. And June 5, 2023 happened to be the last day for the company to pay off a $40 million instalment on its highest unrated loan.
This is, of course, only a part of Byju's problems which range from bad press to a growth slump and a lot more. To say that Byju's is in a precarious position right now would be an understatement. The question to ask is: will it sink or swim?
There is one tiny glimmer of hope.
Tune in to find out.
Recommended reading: Byju’s is looking like a hedge fund
Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

41 Listeners

157 Listeners

15 Listeners

56 Listeners

55 Listeners

89 Listeners

40 Listeners

298 Listeners

42 Listeners

25 Listeners

6 Listeners

14 Listeners

122 Listeners

91 Listeners

12 Listeners

14 Listeners

4 Listeners

0 Listeners

0 Listeners

0 Listeners