The Fall of Byju’s | Why Indian Startups are Struggling | Between the Lines with Palki Sharma

The Fall of Byju’s | Why Indian Startups are Struggling | Between the Lines with Palki Sharma

Byju’s was once the poster boy of the India’s unicorn club. But its staggering unravelling has stunned India’s startup economy. Are Indian starups overvalued? Is the startup bubble bursting? Palki Sharma tells you on this episode of Between the Lines.

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Byjus | India | Byju | Byju Raveendran | Startups | Indian Startups | Firstpost | World News | Latest News | Global News | International News

#byjus #byjuraveendran #startups #india #firstpost #worldnews #latestnews #globalnews

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[Firstpost]

Do you think Indian startups are overvalued? Comment below and tell us.

[sanjaybhavsar]

BYJU's is one of the most disliked brands among the general public.

[shrisanidhya]

I think the fall is more because of the leadership and the aggressive business model they've chosen to follow in an industry whose bedrock is honesty and service.

[isshiomi]

Byju deserves it...Some of their business practices were not ethical ...

[geneliariteish]

The biggest issue with Byju's crisis was missed: Byju's was eyeing on the loan payments by parents, but the accounting firm did not consider them as revenue.

[ogs]

Karma is real. Byju’s deserve this. The way they treated the employees and parents were inhumane.

[sunitjoshi]

BYJU grew in strength but shrunk in people relationships….the lifeline of any customer focused company. So this was bound to happen. Soln - Remove the hounding sales mgrs., get back to developing customer relationships, show/advertise customer success as company’s success, and make it a core value.

[rai]

As someone who has been scammed by Byju's. I don't feel sad at all, it's like I got my long awaited justice.

[AJ-itpt]

As usual Palki delivers to the point, well researched news,

Byju was bound to fail using movie stars and sports stars who charge billions and have nothing to do with education to sell your core product on education 😂

[anku_dreams_nature]

I think Indian startups are spending much more on Marketing than continuous R&D or even properly analyzing the market at a long-term basis rather than a short time hype.

[Donaldsmith]

With markets tumbling, inflation soaring, the Fed imposing large interest-rate hike, while treasury yields are rising rapidly—which means more red ink for portfolios this quarter. How can I profit from the current volatile market, I'm still at a crossroads deciding if to liquidate my $125k bond/stocck portfolio

[amardeep-bkkw]

I think zerodha and zoho are the best examples to lookup for how the thought process of start-ups should be

[cryptoevonow]

Byju's sponsoring the Indian Cricket team itself should have been the red flag for the investors... but they kept pouring. This is common for all start-ups across the world, not just India

[--Anurag--]

The whole reason for creating a startup in India right now is to get rich quick yesterday and sell the company not caring if the business model is sustainable in the longer term.

[WatermelonSugar]

There were so many stories of Byju’s employees being made to work 60+ hours per week and not being able to even take sick days.

[kapilverma]

I knew this would happen, as they humilated parents and left many jobless, Karma has its own way, justice deserved.

[harekrsnarao]

It can never fail and shouldn't there are many Indian Entrepreneurs whom are providing real value to customer rather than romancing the valuation bubble. Palki Sharma did use the correct word its a much needed reset!

[svmg]

I love how Palki has this ability to make every news sound like it's a mystery/conspiracy or something to be wary of 😂😂😅, every video of hers is gripping.

[subhamraj]

I used byjus for me JEE prep during 2017-18. It had great animated videos to understand physics concepts from microscopes lens to angular momentum. But it spent billions in stupid branding in cricket team or fifa world cup and made it a mess.

[Praja_ashwath]

I remember few people who used to work in Byjus said the bitter truth of Byjus, saying employees were pressurized from their senior executive to complete the target, and target was nothing but forcing parents to join their children some of them were not even affordable. If the target was not completed, they would get thrashing from their senior people by end of the day, most of people i know left the job within 3 months due to mental stress and unethical work environment.