Byju's, once valued at $22B, pushed into insolvency proceedings

Re:Byju's, once valued at $22B, pushed into insolvency proce... by ilrwbwrkhv on Tuesday July 16, 2024 @10:20AM (#40976883)

Indian startups are copycats or fraudulent. This one was the latter. A lot of education is still required in the country before it can break free.

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Re:Byju's, once valued at $22B, pushed into insolvency proce... by perryizgr8 on Tuesday July 16, 2024 @01:07PM (#40978314)

Not sure if this is a troll. But there are many examples that are neither. Blinkit, urban company, licious come to mind.

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Re:Byju's, once valued at $22B, pushed into insolvency proce... by nashashmi on Tuesday July 16, 2024 @01:20PM (#40978409)

blinkit and licious are food delivery companies, or "copy cats" serving unserved markets.

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Re:Byju's, once valued at $22B, pushed into insolvency proce... by perryizgr8 on Tuesday July 16, 2024 @10:01PM (#40981966)

Don't agree. Blinkit sells almost everything. Haven't found another service similar to it. Same for licious, it's definitely not a "food delivery company". They have a very specific focus, one that is not very common. I am not even sure about the "unserved market" assertion. These guys literally created a market where nobody thought one existed.

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