Byju’s Was a Slow Train Wreck, Visible to All but Its VCs

In March 2022, Byju’s, with a valuation of US$22bn, established by a US$800mn (million) fund-raise, was India’s most valuable start-up, despite declaring a loss of Rs4,588 crore for the year ended 31 March 2021. Things have gone downhill since then and even though the signs were always there, the Venture Capitalists invested in Byjus somehow missed it all. Watch this week’s video as Sucheta Dalal, takes a deeper look to examine where you things have gone wrong with Byjus.
For more read: www.moneylife.in/article/byju...
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Пікірлер: 505

  • @akaalkripal5724
    @akaalkripal572411 ай бұрын

    Byju's has swallowed more capital than the Delhi Mumbai expressway, or the Mumbai Ahmedabad bullet train!

  • @sanketm1663

    @sanketm1663

    11 ай бұрын

    atleast it went towards the employees rather than politicians and tender contractors pockets.

  • @debasheesh

    @debasheesh

    11 ай бұрын

    ​@@sanketm1663a lot of it went into unnecessary acquisitions and to celebs such as SRK and Messi Hell Messi was declared ambassador around the same time as firing hundreds of employees

  • @arunsar7893

    @arunsar7893

    11 ай бұрын

    Private capital!!.. That's the magic word.

  • @ramyasri6093

    @ramyasri6093

    11 ай бұрын

    @@arunsar7893 true

  • @ramyasri6093

    @ramyasri6093

    11 ай бұрын

    That's news to me

  • @itsScrappyJoe
    @itsScrappyJoe11 ай бұрын

    For Byju's family it was an earning opportunity while for others it was a "learning" opportunity 😅

  • @bubulmallick846

    @bubulmallick846

    11 ай бұрын

    Tablet Story of Bihar Muzaffarpur is Very True 😂

  • @its_master_Roshi_Fkrs

    @its_master_Roshi_Fkrs

    10 ай бұрын

    Ofc other startups will commit to more planning strategy along with marketing (I'll tell you somebody will enroll to any online classes perhaps to byjus itself and will get good classes and slowly try to bring it back or some other companies will come up based on byjus failures) others failures is like a lesson for you🤷‍♀️🤷‍♂️

  • @sujalgarewal2685
    @sujalgarewal268511 ай бұрын

    A cousin of mine who runs a startup says, "The moment we read Byju's on a salesperson's resume, we reject him. Because we know he has been trained to overpromise and will ruin our reputation." I've heard such statements from way too many people.

  • @VivekAnandJ

    @VivekAnandJ

    11 ай бұрын

    One of my ex employees actually resigned from Byjus within 2 months since they forced Sales people to do such unethical things! They should be taken to court and jailed!

  • @Banzybanz

    @Banzybanz

    11 ай бұрын

    That's a bit harsh on the salespersons who were merely following orders from above, and might have quit quickly when they realised it wasn't worth it. Maybe the experience actually taught them something.

  • @sujalgarewal2685

    @sujalgarewal2685

    11 ай бұрын

    @@Banzybanz They are apparently trained that way. They know no other way to sell.

  • @Banzybanz

    @Banzybanz

    10 ай бұрын

    @@sujalgarewal2685 They are humans, not machines. They can learn better ways to sell. That's on those who will be training them.

  • @sujalgarewal2685

    @sujalgarewal2685

    10 ай бұрын

    @@Banzybanz There's a cost associated with training new employees. Not every company is in a position to do so.

  • @ankitnandwani12345
    @ankitnandwani1234511 ай бұрын

    I work in a startup myself but seeing this startup fail, heals my soul to the core. The way they were acting, they deserve this fall. I hope it shuts down soon!

  • @ppsen7346

    @ppsen7346

    11 ай бұрын

    you know nothing my friend of the "real story". Do not come to conclusions seeing all this bullshit (I am not anyway connected to byju's ). I simply know that when Mr Rajnish (former Chairman of SBI) joins and when Mohandass Pai joins in this organisation, they are on the right track. Now, according to me, Byju's is in trouble (only for the timebeing) CREATED by Foreign sources from whom they have taken money. Thats a long story. You have to read more. Don't watch this "dime -a -dozen" channels in KZread You may have joined the wrong start-up. Thats bad luck and I know there are lots who are cheats. Byju is not cheating anyone. Cant blame them for aggressive marketing ... that you will have to do to survive. Product is good. Education sector is in trouble all over the World presently (even in US seats are empty)

  • @ankitnandwani12345

    @ankitnandwani12345

    11 ай бұрын

    @@ppsen7346 Hello respected human, I am not coming to conclusions based on these new channels. Many people I know have worked in BYJUs BDA team, the company also came to our college for hiring. So my opinion is based on the description provided by the people who worked there :)

  • @sunstarg8468

    @sunstarg8468

    11 ай бұрын

    @@ppsen7346Forget about finances. You are here to simply whitewash their mis-selling and toxic work culture.

  • @uditpatwardhan

    @uditpatwardhan

    11 ай бұрын

    ​@@ppsen7346Mohandas Pai is a religious bigot as well. Clearly his rationality can be questioned.

  • @ashutoshtripathi7469

    @ashutoshtripathi7469

    11 ай бұрын

    Firing 25000 employees cannot be redeemed in any way shape or form

  • @parikshitsharda4377
    @parikshitsharda437711 ай бұрын

    Whenever a CEO has to come out and say that "Things will get better", that is when you know the company is bust.

  • @sailaab

    @sailaab

    11 ай бұрын

    Yuppp

  • @golmatol6537
    @golmatol653710 ай бұрын

    To me ... any company that ropes in top celebrities as brand ambassadors & spends 90% of their budget on marketing means it's definitely trying to compensate for lack of inherent strengths & customer-value in its business model.

  • @AG_MAG
    @AG_MAG11 ай бұрын

    All VCs are stuck with Excel sheets and not the reality on ground. There are many such slow train wrecks, easily visible to employees, CEOs, which are just scraping through.

  • @haridevthiru

    @haridevthiru

    11 ай бұрын

    @@ut2104 FOMO. Many firms missed Alibaba bus. So, nobody wanted to miss another Alibaba.

  • @user-bf6ul8ok1s

    @user-bf6ul8ok1s

    11 ай бұрын

    Because regardless of class Indian parents spend on top of public/private education to give their kids an ‘edge’

  • @bubulmallick846

    @bubulmallick846

    11 ай бұрын

    Tablet Story in Bihar Muzaffarpur is A True One

  • @ajinkya3780

    @ajinkya3780

    10 ай бұрын

    ​@@ut2104I know right!! How in the right mind would Somebody spend money on educational courses that are easily available on KZread

  • @tamal
    @tamal11 ай бұрын

    Meanwhile, we the mango people, were bombarded with SMSs and emails to file ITR, but Byju's are cool without finalizing accounts for years.

  • @zenneosen1

    @zenneosen1

    11 ай бұрын

    If we try to rationalize the things which happen in India related to the problems we mango people face. You won't be able to live

  • @hinteriors389

    @hinteriors389

    11 ай бұрын

    🤣i am still getting the messages after having filed them a month ago! Poor mango people. They are also bombarded by phone calls from politicians fighting an election.

  • @hinteriors389

    @hinteriors389

    11 ай бұрын

    @@regalnutrition9117 "ye kuch zyada hi ho gaya".🤣but i understand your sentiments.

  • @user-dw2wm7yn7y

    @user-dw2wm7yn7y

    11 ай бұрын

    Omg 😲

  • @user-dw2wm7yn7y

    @user-dw2wm7yn7y

    11 ай бұрын

    ​@@hinteriors389omg

  • @ranademilind83
    @ranademilind8311 ай бұрын

    Sucheta has nailed it, what she is trying to convey is if somehow Byjus would have managed to keep everything under carpet and managed to list they all would have been happy. But moment they saw all govt agencies in sherlock holmes mode they packed bag and ran away

  • @ijustfelldown
    @ijustfelldown11 ай бұрын

    That mention of corporate big boys' control on LinkedIn is very important. All I see on LinkedIn is posts telling you to sacrifice everything else in your life to work for "good employers" or very sketchy promotion posts for random startups without disclosing that the poster is being paid to speak well for the company.

  • @indy1869
    @indy186911 ай бұрын

    I remember one of my ex team member who had joined byjus for a short time was assigned an area in Bihar. He said byjus had a scheme of giving a free tablet on enrolment. One of the Bihar parents thought it was a medicinal tablet and was very happy to understand that a pill can make his child bright. 😂🤣

  • @arindamdutta9371

    @arindamdutta9371

    11 ай бұрын

    😂

  • @bubulmallick846

    @bubulmallick846

    11 ай бұрын

    G 😅 😂

  • @AmoghHalageri

    @AmoghHalageri

    11 ай бұрын

    :D :D :D

  • @richarai14

    @richarai14

    11 ай бұрын

    lies

  • @bubulmallick846

    @bubulmallick846

    11 ай бұрын

    @@richarai14 Same Thing Happened in UP Moradabad 💯

  • @shanmugasundaram8517
    @shanmugasundaram851711 ай бұрын

    Byju's is an insult to all school teachers. That's how they marketed their brand. Their Counsellors kept telling that school coaching will not be enough to score good marks. They say to parents " School teachers are not doing a good job. Byju's is a must if your children have to get into IITs blah blah blah." Even the marketing personnel had it tough while working there. They were given strict monthly targets to bring students to Byju's. Working there was hell. So yeah, like the vlogger says, there was all round failure. Byju's, in the end, was nothing but home tuitions on a grand scale. Pity SRK and Mohanlal. They barked up the wrong tree in endorsing this home tuition outfit.

  • @main_stream_media_is_a_joke

    @main_stream_media_is_a_joke

    11 ай бұрын

    Why pity the superstars.....they got their fat paycheck to push a product. All over the world it's the same story....get some popular celebrities to endorse your product and rope in the gullible fools who fall for the celebrity endorsement. If anyone takes the word of the mostly uneducated "celebrities" to make their purchasing descision, the blame is on themselves for all the eventual fallout.

  • @legendarylegend8791

    @legendarylegend8791

    11 ай бұрын

    Its true. Before edtech boom we used to blame the education industry for not teaching the things properly as we are not able to visualise things that teacher say and in the K10 segment most of the teachers are not qualified enough to teach us in most of the schools. Byjus does not say you will get into IIT's for sure, it says you will fall in love with the education as they teach things in a proper manner so we will not fear of asking doubts. How many of us fear asking doubts in a regular class because of some teacher's attituted that is being solved by byjus. Before blaming anything atleast use the product

  • @vikramadoddamani

    @vikramadoddamani

    11 ай бұрын

    But nobody questions the celebrities now. How confidently they used to market the brand 😅 it’s similar to IIPM. Just eyewash, all fancy stuff, nothing real 😒

  • @hema_raghu

    @hema_raghu

    11 ай бұрын

    ​@@vikramadoddamaniIIPM pales in comparison. He atleast employed most of his 'graduates'.. it's a different story that others wouldn't 😂

  • @main_stream_media_is_a_joke

    @main_stream_media_is_a_joke

    11 ай бұрын

    @@legendarylegend8791 Yes...the teachers inability to make the subject interesting for the student is a good point. But a child afraid to ask questions to elders/higher ups is a society wide problem.

  • @AG_MAG
    @AG_MAG11 ай бұрын

    Also Whitehat Jr was a big sham, on teaching programming to primary school students and pitching to parents that they will become the next Elon Musks.

  • @loukitmyname

    @loukitmyname

    11 ай бұрын

    Also, remember Wolf Gupta. :P

  • @georgecarlinn6288

    @georgecarlinn6288

    11 ай бұрын

    Also remember pradeep punia who exposed Karan Bajaj scam called whitehat jr programming for six year old 😂😂😂

  • @arj123sub
    @arj123sub11 ай бұрын

    Very nicely explained. Thanks - the greed - at all levels is a spin off at every level. Hire IITians - fresh from college - who r in to make a quick buck. And trade for a career. Scare and sell to every parent who expects online solutions to substitute for parenting responsibilities. Byjus ended up killing the semi urban class room tuition players like Deeksha Academy who were supporting children who could not access metro based coaching.

  • @agytjax
    @agytjax11 ай бұрын

    It is better that companies like Byju's fall and perish now than later. It will serve two purposes - karma for its founder's greed and secondly it would save unsuspecting retail investors, like the ones who invested in Paytm, from having their investments wiped out ! What is even more surprising is that Indian govt's ministry of commerce has still not initiated any punitive action them. But I am not surprised. This guy, Byju, can stoop to any level to sneak his way out !

  • @fi1158

    @fi1158

    11 ай бұрын

    You are right in what you've written, but if it crashes entirely, many employees will lose their livelihood, we can't wish that!

  • @84dhanreddy

    @84dhanreddy

    11 ай бұрын

    @@fi1158That’s ok. They’ll find another job. Trust me despite popular belief there are plenty of jobs available out there for people with skills.

  • @FilesdocumentsAndreposit-kr3vb

    @FilesdocumentsAndreposit-kr3vb

    11 ай бұрын

    ^ whatever they have earned.. they must start investing in small businesses. That's the only way.

  • @jayakrishnanjayasanker

    @jayakrishnanjayasanker

    11 ай бұрын

    @@FilesdocumentsAndreposit-kr3vb byju has atleast 200 million stashed somewhere and he is going to lead a better life than vijay mallya.

  • @abdupallikandam3489
    @abdupallikandam348911 ай бұрын

    Tens of Thousands of parents smiled😊 when this demon 👿 broken into tears. He came from a humble background but after a point he forgot from he came from

  • @smeshnoymatvey2054

    @smeshnoymatvey2054

    11 ай бұрын

    He came from well educated and well to do family.

  • @FilesdocumentsAndreposit-kr3vb

    @FilesdocumentsAndreposit-kr3vb

    11 ай бұрын

    He was unethical

  • @Naps56
    @Naps5611 ай бұрын

    What does India's education Ministry have to say about this? China banned such online Degree Bazaars in 2022.

  • @praveengupta6395

    @praveengupta6395

    11 ай бұрын

    China has different thoughts on banning these ...as they wanted to keep the education cost cheaper at home to let people have more kids

  • @praveengupta6395

    @praveengupta6395

    11 ай бұрын

    China has different thoughts on banning these ...as they wanted to keep the education cost cheaper at home to let people have more kids

  • @nikhilgatagat

    @nikhilgatagat

    11 ай бұрын

    But they didn't ban bat eating which is why we got covid

  • @Naps56

    @Naps56

    11 ай бұрын

    @@praveengupta6395 Appreciate your inputs, but India's response with a new education policy is still critical in view of its massive brain drain, and a coaching bazaar (online or offline) is not a solution to that central issue. Because it has a lot to do with the hugely different trajectories' scale of the two countries - of which India's foreign trade deficit with China is just one indicator.

  • @praveengupta6395

    @praveengupta6395

    11 ай бұрын

    @@Naps56in Byju case it a purely a operational failure to gain the consumer trust. India's overall growth story is chaotic in the right direction. As a developing country our government should continue praising the start-up. who su

  • @rajeevrp1500
    @rajeevrp150011 ай бұрын

    This is what invariably happens when you try to grow too big too fast. Success cannot be achieved overnight, you have to work through it step by step. Byju Ravindran is a great teacher, some of my colleagues have attended his classes when he himself used to coach in Bangalore about a decade ago for competitive exams like CAT etc, but then this happened.

  • @FilesdocumentsAndreposit-kr3vb

    @FilesdocumentsAndreposit-kr3vb

    11 ай бұрын

    He must have laid down the principles of the company

  • @niranjanbalu6817

    @niranjanbalu6817

    11 ай бұрын

    Bullshit Flipkart grew at incredible speed as well. Byjus have a cultural problem it became a product selling company instead of education service company

  • @HarkiratSaluja

    @HarkiratSaluja

    10 ай бұрын

    It’s not about growing big too fast but have the unethical mindset. Every action and behavior is a scam

  • @ranjitpal9937
    @ranjitpal993711 ай бұрын

    BYJUS Too Much Sales Presure Has Led To A FUNNY INCIDENT 😂 In Which A Student Parents From Bihar Thought That BYJUS LEARNING TABLET On Registration 😂 For A Course To Be A MEDICINAL TABLET For His Son For INPROVEMENT In Studies 😅 🤣 😂

  • @Star-ds4sd

    @Star-ds4sd

    11 ай бұрын

    Yes True 😂

  • @bubulmallick846

    @bubulmallick846

    11 ай бұрын

    Sad but True 😂

  • @user-dw2wm7yn7y

    @user-dw2wm7yn7y

    11 ай бұрын

    OMG 😲

  • @user-rw3tw8sx4c

    @user-rw3tw8sx4c

    11 ай бұрын

    Funny 😅

  • @user-rw3tw8sx4c

    @user-rw3tw8sx4c

    11 ай бұрын

    ​@@bubulmallick846funny 😄

  • @nukebarbarbarian3735
    @nukebarbarbarian373511 ай бұрын

    Byjus has swallowed more money than the Indian space program

  • @bubulmallick846
    @bubulmallick84611 ай бұрын

    Fun But Sad 😂 Tablet Views

  • @nirjharrajawat2222
    @nirjharrajawat222211 ай бұрын

    Byju 5 stage of grief 1st Denial, 2nd Anger 3rd Bargain 4th Depression ( Current state) 5th Acceptance when we all will move to some other story and this will be forgotten like many others in past.

  • @user-dw2wm7yn7y

    @user-dw2wm7yn7y

    11 ай бұрын

    Omg 😲

  • @ppsen7346

    @ppsen7346

    11 ай бұрын

    SORRY!! This will not be forgotten by many. We need to be careful when we take funds from USA loan sharks. Byju's USA investors should be red-flagged in India. No one should do business with them, as they are predatory. This is the second instance I witness afte the Future Amazon fight , how dangerous legal terms and conditions can be !!!! All start-ups should not use generic agreements and should invest in getting A1 legal advise.

  • @bubulmallick846
    @bubulmallick84611 ай бұрын

    Sad Fun Real Stories Of BYJUS Presure Saleing Result BYJUS Education Table to Medicine Tablet 😂 😂

  • @user-dw2wm7yn7y

    @user-dw2wm7yn7y

    11 ай бұрын

    Omg 😲

  • @user-rw3tw8sx4c

    @user-rw3tw8sx4c

    11 ай бұрын

    Funny thing 😅

  • @user-yv5hs5uw5b

    @user-yv5hs5uw5b

    11 ай бұрын

    Full fun

  • @stkstk9118
    @stkstk911811 ай бұрын

    BYJUS Fun Learning TABLET Though To be Medical Tablet by Bihar Parent in Muzaffarpur is Really Fun 😮

  • @user-rw3tw8sx4c

    @user-rw3tw8sx4c

    11 ай бұрын

    😅 Funny

  • @rahuls7039
    @rahuls703911 ай бұрын

    Madam, It was great to hear from you. A balanced and optimistic view of the events happening surrounding BYJU. And the ending note was great and positive, that disasters happen globally as well. It is not a matter of place. Liked it.

  • @rajesh_624
    @rajesh_62411 ай бұрын

    I used byju for my son..waste of money. But it was hardsell -very well done psychology - by the sales team.

  • @mandaldeb
    @mandaldeb11 ай бұрын

    This raises the question: are Indian startups overrated? Have we had even one startup which has maintained a healthy and reliable growth profile in recent times?

  • @ftckaplan213
    @ftckaplan21311 ай бұрын

    Unrealistic targets, customer pressurization are all symptoms of a lack of natural demand. Demand creation requires lateral thinking, product innovations and supported by good marketing

  • @lotuslotus8207

    @lotuslotus8207

    11 ай бұрын

    Bimari Parents in Muzaffarpur Thought BYJUS LEARNING TABLET as 💊 TABLET for their Children 😂 😅

  • @ppsen7346

    @ppsen7346

    11 ай бұрын

    when one is working with Loan Sharks from USA, pressure is automatically created. Byju's made a fine product and have huge study mat banks from 2012. Problem is that the long term invest ors are showing their true color now and pressurizing the Byju's people to return the money. Is that possible for a start up???? the other problem is that enrolments in institution all over the world is going south. This was not predicted post-pandemic. There will be "natural demand" (as you put it), very shortly and I am sure about that

  • @thehalf-assedapproach
    @thehalf-assedapproach11 ай бұрын

    Heard from a former employee that Byju's was not a good place to work at. He cited heavy workloads and underpaid staff. Looking across the spectrum of corporates in the country, this seems to be the norm..

  • @lotuslotus8207
    @lotuslotus820711 ай бұрын

    Byjus Tablet is Being Dreamed As Medicine Tablet in Bihar and UP Town 😂 ❤ 😅

  • @user-dw2wm7yn7y

    @user-dw2wm7yn7y

    11 ай бұрын

    Omg 😮😮

  • @user-dw2wm7yn7y

    @user-dw2wm7yn7y

    11 ай бұрын

    😲

  • @user-yv5hs5uw5b

    @user-yv5hs5uw5b

    11 ай бұрын

    It's Funny hope it's not true 😮

  • @lakshminarayananneelakanda4037
    @lakshminarayananneelakanda403711 ай бұрын

    Byjus offered me a sales job back in 2015. Thank god I didn't take it. I wanted them to succeed so much.

  • @MCBC_5

    @MCBC_5

    11 ай бұрын

    U mean fail ..

  • @soumyajitmazumdar4749
    @soumyajitmazumdar474911 ай бұрын

    Please write a book about these new era corporate scams. We as people need to know more about this.

  • @loukitmyname
    @loukitmyname11 ай бұрын

    Yeah, VCs care about money, Byju's just wanted a high valuation. Neither wanted to create a good company or a good product. Well, it was bound to happen, the bubble will burst eventually.

  • @FilesdocumentsAndreposit-kr3vb

    @FilesdocumentsAndreposit-kr3vb

    11 ай бұрын

    They'd lie to parents to sell the products.

  • @hemantmarathe1590
    @hemantmarathe159011 ай бұрын

    Very well written. Very well explained. Great job.

  • @user-rw3tw8sx4c

    @user-rw3tw8sx4c

    11 ай бұрын

    😂😅

  • @user-pm4pl5hh9m
    @user-pm4pl5hh9m11 ай бұрын

    This brings up some fundamental issues: 1. Performance. The Indian VC-funded startup ecosystem has not performed - there are no exits of note, almost no venture is profitable, but still get funded multiple rounds. The pride of India having "100+ Unicorns" sounds hollow. Why? 2. Reputation. Let's be clear: the VCs, despite all their high falutin' backgrounds, are certainly no gods. They have failed, and continue to fail miserably. If they were on the senior leadership team at any top company they would have been fired a long time ago. The excuse that the venture industry makes calculated bets and some perform above average, the bulk of them fail, and a very tiny few become winners doesn't wash. Especially when in many cases either the business model was weak, the governance poor, or execution mediocre. You don't fund multiple rounds to such ventures and this could have been the brakes the companies needed. VCs need some other kind of statutory regulation to have them release their internal adverse notes or have the company required to open these just as with their audits. 3. Repetition. There is a repetition of the same story across multiple ventures from different industry segments: Housing, Zilingo, GoMechanic, etc etc. Why? 4. Basics. Everyone has climbed on to the VC-funded idea - incubators, accelerators, etc. Time to slow things down. There is a crying need to educate entrepreneurs about "back to basics". Revenue growth with profitability even if slow and consistent. In substituting valuation for profitability - that VCs are guilty of - we have made unsustainable business models sexy. 5. Governance. This needs a complete revisit by government, government agencies, audit partners, professionals, and lay public. LinkedIn should admit that it was utterly wrong and reverse the suspension of Dr. Aniruddh Malpani (whom I used to read and enjoy). A failure in governance indicates that the underlying values in the founders, in the ventures they started, and in the larger ecosystem that preferred conformist eulogy, was absent or weak. Integrity should be paramount, not a lip service.

  • @stkstk9118

    @stkstk9118

    11 ай бұрын

    Byjus learning Tablet was Thought To Be Medical Tablet in Bihar Muzaffarpur is AMAZING 😂

  • @Jack_The_Ripperr

    @Jack_The_Ripperr

    11 ай бұрын

    Well said bro

  • @UzairJSherwani
    @UzairJSherwani11 ай бұрын

    I'd love to go through that bookshelf at the back! ♥

  • @alokarora2367
    @alokarora236711 ай бұрын

    Bob Dylan's prophetic lyrics: Are they lost or are they found? Have they counted the cost it'll take to bring down All their earthly principles they're gonna have to abandon? There's a slow, slow train comin' up around the bend

  • @rahulkarmakar6563
    @rahulkarmakar656311 ай бұрын

    At what point are we going to see Byju come out and say stuff like, “this is an attack on India” ?

  • @ppsen7346

    @ppsen7346

    11 ай бұрын

    your comment is in poor taste my friend. Indian start-up like Byju will change the ambition of Indian Entrepreneurs and force them to think global scales. We should be proud of Byju's. We dont know what problem they are facing from Loan Sharks from USA who want a board seat and control. India is a huge coaching market (just JEE coaching will be close toRs40k crore market which is bigger than the automobile market of India.

  • @rocabraham

    @rocabraham

    11 ай бұрын

    @@ppsen7346 Keep dreaming.

  • @ppsen7346

    @ppsen7346

    11 ай бұрын

    @@rocabraham no problem Bro. What else will u do when news is not coming? I am a positive person! Half truth is better than imagination

  • @rocabraham

    @rocabraham

    11 ай бұрын

    @@ppsen7346 The auditors, the analysts, the ED, the courts - they were all “imagining” ?

  • @ppsen7346

    @ppsen7346

    11 ай бұрын

    What u know, is what i kno also (fake media news who believe sensation for advertisement). Okay , maybe I know a little extra, being part of th education sector, but I do not have any validated info so i will keep quiet. For now I can say that the Peak XV, Chan Zuckerberg etc. are all maligning Byju like hell. India is happy hunting ground for punters. That is a thing of the past. USA moneylenders will not have easy control of Indian companies and make huge gains. As a fellow Indian I can tell u, what u witnessed in Amazon Vs Big Bazar Group (Future) is repeating itself. Future group went bankrupt as Amazon squeezed the breath out of them for greed. Byju is in great danger I can tell u that. I prefer to keep quiet for now as I know as much as you know.

  • @adityavidwans
    @adityavidwans11 ай бұрын

    I have become a fan of you by the way you speak and explain. These days it is very rare to get to listen to such simple narration.

  • @arunanarayan6177
    @arunanarayan617711 ай бұрын

    Well presented Maam. I subscribed. Im in awe of good Speakers always. I really loved the way you just coolly went through this topic....and beautifully. Want to hear more from you.

  • @saurabhsaroha5141
    @saurabhsaroha514111 ай бұрын

    Mam, I have great respect for you for the work you are doing to financialy educate people. May God bless you with long, healthy and prosperous life.

  • @user-yv5hs5uw5b

    @user-yv5hs5uw5b

    11 ай бұрын

    Funny thing in Bihar Muzaffarpur And UP Of byjus Education Tablet Though to Be Medical Tablet by Student Parents 😅😅😅😅

  • @ppsen7346

    @ppsen7346

    11 ай бұрын

    True that. But my only objection is that again we are witnessing the MEDIA TRIAL of a great Indian Startup. We should all pray that Byju's comes out of the woods. Byju Raveendran is not a cheat. Period

  • @vishweshwermangalapalli3137

    @vishweshwermangalapalli3137

    11 ай бұрын

    @@ppsen7346 : Spoken like a true Hindu..... When things get screwed up and wilfully mismanaged... PRAY !! BTW I have another startup idea.... we can start a company that organises group 'prayers' as a service..... wanna fund?

  • @hinteriors389
    @hinteriors38911 ай бұрын

    A very balanced perspective. Thank you for making this video.

  • @sidharthsankar7483
    @sidharthsankar748311 ай бұрын

    Very nice summary, Ms. Sucheta Dalal.

  • @arunkottolli
    @arunkottolli11 ай бұрын

    I knew BYJU’s was a fraud when they hired Shah Rukh Khan for marketing!

  • @sreenii5445

    @sreenii5445

    11 ай бұрын

    They should have hired feku instead or even you

  • @arunkottolli

    @arunkottolli

    11 ай бұрын

    @@sreenii5445 Best marketing is done with actual customer results! Fraudulent companies often resort to shortcuts. Anyone who uses Bollywood actors to promote their product is resorting to shortcuts and I don’t trust such companies.

  • @videoabhishek

    @videoabhishek

    11 ай бұрын

    @@sreenii5445 Feku was on Paytm ads post-demonetisation though 😂

  • @diva7892
    @diva789211 ай бұрын

    Superb & succinct analysis ms.dalal .... In a bit of time, the byju saga unraveled👌👍

  • @ngshashidhar
    @ngshashidhar11 ай бұрын

    Great insight and lessons for any leader! Even bullshit can take you to the top but won’t let you stay there for a long time

  • @PradeepPakhare
    @PradeepPakhare11 ай бұрын

    Very good analysis, Sucheta madam. 👍👍

  • @RumblePirate
    @RumblePirate11 ай бұрын

    Wonderfully put ma’am 🙏

  • @srinivaschillara4023
    @srinivaschillara402311 ай бұрын

    well put. Sucheta Dalal has persented this in a very lucid, straight forward, but deep manner.

  • @muhsinmansoor
    @muhsinmansoor10 ай бұрын

    This should be played all over the medias, social platforms and at the parliament as well. Such a big scam in India. Shame on Byjus.

  • @eddyssingh
    @eddyssingh11 ай бұрын

    Very nice video ma'am, very well articulated 🙏

  • @z00011001
    @z0001100111 ай бұрын

    Was it just "advertisement driven growth" and nothing on the ground?

  • @ramyasri6093
    @ramyasri609311 ай бұрын

    Well said madam . Hopefully other start ups learn from this

  • @akaalkripal5724
    @akaalkripal572411 ай бұрын

    Not every Malayali schoolteacher can be a good CEO. Time to draw the line.

  • @GaneshKumar-bv2td

    @GaneshKumar-bv2td

    11 ай бұрын

    ​@@A09119facts

  • @keyboardwarrior4381

    @keyboardwarrior4381

    11 ай бұрын

    Only Gujju petrol pump attendants!

  • @MK-lh3xd

    @MK-lh3xd

    11 ай бұрын

    Uncalled for. It has nothing to do with being a malayali or a school teacher.

  • @nirmal886

    @nirmal886

    11 ай бұрын

    Could have been successful in selling bakery products

  • @cliff311976

    @cliff311976

    11 ай бұрын

    Or a tea seller in a railway station😅

  • @bunkoti
    @bunkoti11 ай бұрын

    So well-presented that I watched it twice

  • @slamcan2k
    @slamcan2k11 ай бұрын

    Another disaster in wsiting is Cred. Will be worse than Byju, since they dont even have a business model. Its merely a game of invedtor musical chairs

  • @bnd99999

    @bnd99999

    11 ай бұрын

    What Model u got 🤣..langoor

  • @candida120878
    @candida12087811 ай бұрын

    You forgot they acquired gradeup too

  • @rgnandanshetty2950
    @rgnandanshetty295011 ай бұрын

    companies like byjus is a good example that, investors can also be fooled….they clearly have a BS management and promoters who don't have right intentions and deserve nothing….it would be nice if they just shut their shop instead of causing more damage to their investors and gullible parents

  • @ppsen7346

    @ppsen7346

    11 ай бұрын

    its the other way around. Byju's here seems to be the victim of loan sharks from USA who want control of T&L (the Byju's firm name is Think & Learn). this video distorts a lot of facts and is highly biased with their own concepts which are far from right. Please do your own research.

  • @rgnandanshetty2950

    @rgnandanshetty2950

    11 ай бұрын

    @@ppsen7346 then this should be the case for every single VC funded startups and not specific to byjus, either way the blame has to go to founders for being gullible or incompetent….may be this part is missing in your research!

  • @shaikusman536
    @shaikusman53611 ай бұрын

    Very Good Analysis .......Pls try to get Byjus version on list of your questions........Respect from Bangalroe....

  • @123xyzabccba
    @123xyzabccba11 ай бұрын

    Byju was trying to Grow instead of trying to Succeed …

  • @rajesh_624

    @rajesh_624

    11 ай бұрын

    Interesting comment

  • @stkstk9118
    @stkstk911811 ай бұрын

    Great Analysis 🍻 Thanking you

  • @mr.kieren270
    @mr.kieren27010 ай бұрын

    They said they had a customized course for my 5 year old to shape his future.. 😂😂.

  • @5tyyu
    @5tyyu10 ай бұрын

    Investing in India is a huge headache for foreign companies. My cousin came with 1 million dollars. But he got fed up with bureaucracy, gst hassles, coudnt rent office due to gst requirement of insisting landlords have gst nmbr, paperwork, licenses, complex tax structure, ROC Company registration etc. He went back to USA.

  • @bubulmallick846
    @bubulmallick84611 ай бұрын

    Good Indeepth Analysis 👍👍 Hope For Another Follow Up On BYJUS And Akash Story Unfolding With TIME 👍

  • @Ananthvenkat01
    @Ananthvenkat0111 ай бұрын

    Biju should conduct a corporate governance course !

  • @anandmohan4657
    @anandmohan465711 ай бұрын

    Question is why no authority is exercising its whip on byju even for non filing of annual financial accounts with mca.

  • @84dhanreddy

    @84dhanreddy

    11 ай бұрын

    Multiple reasons. Letting such a big employer fail is bad for the employees, parents and students who are part of Byju’s. Secondly the image of the startup ecosystem in India will be tarnished and foreign investors may become wary.

  • @reddyprahlad

    @reddyprahlad

    11 ай бұрын

    ​@@84dhanreddyemployees who stay even after seeing the crooked unethical practices from the inside, but still stay will definitely need to suffer. Shitty place to work, shitty practices.

  • @deltaranger3530
    @deltaranger353011 ай бұрын

    Thank you for this holistic view on the matter

  • @ecoideazventures6417
    @ecoideazventures641711 ай бұрын

    Finally justice to all those vloggers and bloggers who raised an issue and got trolled by Byjus!

  • @devshetty7465
    @devshetty746511 ай бұрын

    I can't believe edtech they valued as billions of dollar. Edtech not a market

  • @trueblueguy88
    @trueblueguy8811 ай бұрын

    Did you cover this aspect earlier?

  • @bulbulpaul2881
    @bulbulpaul288111 ай бұрын

    Is Byjus educational Tablet after Enrollment is Being Viewed As Medicinal Tablets 😮 😮 in Bihar

  • @husrok
    @husrok10 ай бұрын

    Ms. Dalal, please keep up the good work. Enjoyed your even handed and dispassionate analysis of the situation.

  • @CallmeSJK
    @CallmeSJK11 ай бұрын

    Umpteen cases like these repeat time and again. Being educated in a B school, this is only an additional case study for the next set of B school aspirants. The story of human greed is as old as humans itself. History needs periodical reminders it seems, especially with capitalism.

  • @FilesdocumentsAndreposit-kr3vb

    @FilesdocumentsAndreposit-kr3vb

    11 ай бұрын

    Capitalism is basically economy. When there's lack of Morales and ethics. BYJUS happen

  • @TrackEngineersMumbai
    @TrackEngineersMumbai11 ай бұрын

    Our children started questioning how our business growth are so slow. How these companies growth are at lightning speed. And concluded old style and many more conclusions. Groups like TATA and birla took generation to make businesses of sizeable turnover. Quick and easy money comes and goes much faster way. That's the life .Hope we understand scams are always around us in different forms like harshad mehata and kingfisher. But not to come in their shadow require much deeper understanding.

  • @bnd99999

    @bnd99999

    11 ай бұрын

    Tata birla were running drug business for Britishers opium Trade that's how unethical they were.. instead of spouting bs read up on Opium Trade and it's beneficiaries..no wonder then Tata supported jinnah and were in British camp

  • @bnd99999

    @bnd99999

    11 ай бұрын

    Not harshad Mehta,scam of Ex PM PVNR ...lol even after tons of research papers u say scam of Harshad Mehta grow up child

  • @84dhanreddy

    @84dhanreddy

    11 ай бұрын

    Kingfisher was not a scam. Yes, they defaulted on loans but they never scammed anyone. They just went into losses. There are plenty of companies and normal people who fail to pay their loans because of genuine reasons. You think all of them are scammers?

  • @bnd99999

    @bnd99999

    11 ай бұрын

    @@84dhanreddy diversion of funds into unrelated business and siphoning off the money from the books by Mallaya,it's a scam

  • @FilesdocumentsAndreposit-kr3vb

    @FilesdocumentsAndreposit-kr3vb

    11 ай бұрын

    Whatever be the past, the TATA have been honest and one of the most employment generating people in India. So we need to hand it to them. Let's accept all aspects of reality. Their food and the bad. You can't remove tata from modern day India .

  • @anandkrishnan6872
    @anandkrishnan687211 ай бұрын

    Thanks Ms. Sucheta Dalal for the in depth review. I have another intriguing story to share if you have some time.

  • @nikhileshkulkarni9786
    @nikhileshkulkarni978611 ай бұрын

    Every sentence that Sucheta madam says has a lot of value in practical life. Thanks madam for posting this case study .

  • @wennwenn1422

    @wennwenn1422

    11 ай бұрын

    "Byju’s Was a Slow Train Wreck, Visible to All but Its VCs" - No one ever came out with a case study before their downfall but now everyone could see it. What a load of bullshit title 😂

  • @nikhileshkulkarni9786

    @nikhileshkulkarni9786

    11 ай бұрын

    @wennwenn1422 some famous people like Dr Malpani tried to highlight the Byjus malpractices , they got their social media accounts suspended . Some ordinary people also have got court cases registered by Byjus against them ,demanding compensation in crores for putting their views about Byjus on social media . Clearly Byjus was run by a bunch of goons who had nothing to do with education .

  • @deepbby
    @deepbby11 ай бұрын

    thank u so much on all ur work and efforts , pls do this in hindi aswell so as to reach the common man

  • @nanjappakuttaiah870
    @nanjappakuttaiah87011 ай бұрын

    Well researched and superbly articulated, a wake-up call to foolish VCs and get rich entrepreneurs...may your tribe of red flaggers grow...

  • @sureshkishore

    @sureshkishore

    11 ай бұрын

    Most Foolish VCs mint money by fooling the public and entrepreneurs

  • @dhoomketu731
    @dhoomketu73111 ай бұрын

    The OG finance journalist! You're rockstar ma'am :)

  • @sandeepverma8872
    @sandeepverma887211 ай бұрын

    Same like PayTM .. I attended their session with my Son and was amazed to See their so called Get Together , it was all in the Air .. Big Talks .. Courses are too expensive .. They were doing Push Sales rather then Pull Sales and they were suppose to Crash.

  • @tbraghavendran

    @tbraghavendran

    11 ай бұрын

    What courses 🤔

  • @alkoxy
    @alkoxy11 ай бұрын

    Business ethics and standard practices are thrown out in the name of "startup culture" and all this is pushed forward by greed on the part of startup founders and VCs. It's high time startup founders take business practices seriously and not just focus on growth on paper to raise funding.

  • @ppsen7346

    @ppsen7346

    11 ай бұрын

    and also, stay away frm predatory firms (like Bjyu's has fallen in trap of US loan sharks) when startups are negotiating the funds arrangements, they need to wary . This is the second debacle I am seeing after amazon future fight of what can happen when u take money with tough unrealistic terms.

  • @mmv9155
    @mmv915511 ай бұрын

    thank you

  • @bulbulpaul2881
    @bulbulpaul288111 ай бұрын

    Thank U for Explaining Byjus in Details

  • @jyotivig3666
    @jyotivig366611 ай бұрын

    The government needs to distance itself from promoting startups without looking at the health of their balance sheets and create an appropriate regulatory environment, protect consumer and investor rights and penalize companies that commit fraud. The Minister should be embarassed.

  • @ADabtU
    @ADabtU11 ай бұрын

    section of audio is muted,

  • @lothalopolis
    @lothalopolis11 ай бұрын

    Your questioning VCs is valid. Byju's and them are birds of the same feather. VCs are just abandoning ship now. No sympathy for anyone, who ruined lives of innocent parents and students. Karma caught up, just a bit late.

  • @ppsen7346

    @ppsen7346

    11 ай бұрын

    VC business is all about litigations. They make more money wrangling necks of Indian Startups and taking over their companies for a song . Hope you followed the Amazon Future legal battle? For a small equity participation from Amazon, Future Grp got into a legal tussle, and went bankrupt in need of capital.

  • @abhinavkumar2257
    @abhinavkumar225711 ай бұрын

    Hello Madam Can you list or post the pic of all the books behind. It should be an intresting list

  • @ranabhaumik4964
    @ranabhaumik496411 ай бұрын

    Education and Genius WITHOUT Humility, Greed and Hubris is the right recipe for Sustainability, Growth and Public Good.......This probably is the cause for this downfall and the unravelling of disasters of unimaginable proportions....rather than "BY BYJUs" it has become "BYE BYJUs"...it was a self made crisis.....

  • @gurusastropalmistry2214
    @gurusastropalmistry221411 ай бұрын

    NCPCR Govt of India took action ONLY after Byjus refused to pay the BJP. He was accused of paying the Congress in Karnataka. Thats when the so called Govt which ideally should have raided Byjus way back in 2021 (ED-CBI!!), came to the rescue of common Indian citizens who were ripped off by this scammer

  • @Dingdinggkdv
    @Dingdinggkdv11 ай бұрын

    Very informative

  • @sreenii5445
    @sreenii544511 ай бұрын

    Today that chap Byju is crying like those children and their parents cried after getting fooled into buying his dubious app and getting into financial trouble. His parents are also to be blamed for despite being teachers themselves made this profession a marketing third rate game

  • @BangaloreAviation
    @BangaloreAviation11 ай бұрын

    Hindsight is always 20/20. Never read anything in the media.

  • @JG-qy6fe
    @JG-qy6fe11 ай бұрын

    xijinping's Ccp also invested in several indian companies, including byju's. Worth Looking deeper in to this

  • @maverickcruise
    @maverickcruise11 ай бұрын

    How many employees and families were brought to tears. Now the company founder is in tears. 0 sympathy for him and his company.

  • @bhupendrasheth150
    @bhupendrasheth15011 ай бұрын

    You are great

  • @Naps56
    @Naps5611 ай бұрын

    Byju's opportunity - run classes on wiser investing, using its own investors' experience as a case study??? That way Byju's might just beat HBS and LSE as the world's most valuable "educational" brands.

  • @mathnik5
    @mathnik510 ай бұрын

    I have witnessed this quite often - whenever VCs enter a startup, the startup has not option but to become ruthless. Sometimes its ruthless cost cutting and layoffs, and other times its the pressure to grow. Its like making a deal with the devil. All the VCs want is to raise the valuation and off load it to someone else. They dont care about the founder or the business.

  • @zacthomas77
    @zacthomas7710 ай бұрын

    How do we know there weren’t any kickbacks involved? Throwing money behind bad money.

  • @Thenobelfan
    @Thenobelfan10 ай бұрын

    They should not be called decacorns or unicorns - they should be called deca CONS and Uni CONS !

  • @00mpa1oomp4
    @00mpa1oomp411 ай бұрын

    Watching Byju's failure is glorious!!!