The honeymoon for India’s edtech highfliers is truly over. Severe losses have so changed the outlook for the sector that startup funding is rapidly drying up, leading to staff cuts. The losses are a result of falling revenue even as marketing expenses keep increasing. Such is the gloom that the sheer survival of the sector is being questioned. The travails of the sector are best depicted by what has been happening to Byju’s, the sector star which is a decacorn, that is with...
Moneycontrol Pro Panorama | Gas trouble brews, MPC’s job has just got tougher
Sep 28, 2022 / 04:09 PM IST
In today’s edition of Moneycontrol Pro Panorama: Indian markets remain optimistic, Gold prices touch a record low, HAL is back on track, RBI support to INR, and moreRead Now
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