Unethical practices of Byjus and it's impact on education

[SaiyanGoku]

I don't know, Both are good startups but it is not possible that any other will take them off.

Reported for spam

 

[RumbaMon19]

Here after byjus acquired

• Aakash coaching institute
• Toppr
• Gradeup
• Scholr
• Epic
• Great learning
• Whadat
• Tynker

And lastly, GeoGebra also.

For those who don't know, this was about 90-95% of competition. Those 5% left will be eaten soon. Aakash bought Meritnation sometime back and now by buying aakash, it bought its biggest competitor.

Basically byjus is eating its competition. Although very common coperate practice...

Also sponsoring fifa this year

*www.google.com/amp/s/thelogicalindian.com/amp/trending/byjus-fifa-world-cup-34642

Not a surprise If byjus will become monopoly in future.

 

[Zangetsu]

*encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcQJP1Myakufglz0n2PUCcHKJaRI-OonuphUZQ&usqp=CAU

 

[vito scalleta]

Here after byjus acquired

• Aakash coaching institute
• Toppr
• Gradeup
• Scholr
• Epic
• Great learning
• Whadat
• Tynker

And lastly, GeoGebra also.

For those who don't know, this was about 90-95% of competition. Those 5% left will be eaten soon. Aakash bought Meritnation sometime back and now by buying aakash, it bought its biggest competitor.

Basically byjus is eating its competition. Although very common coperate practice...

Also sponsoring fifa this year

*www.google.com/amp/s/thelogicalindian.com/amp/trending/byjus-fifa-world-cup-34642

Not a surprise If byjus will become monopoly in future.

Is this not against some kind of rules by the Competition Commission of India ?

 

[RumbaMon19]

Is this not against some kind of rules by the Competition Commission of India ?

Maybe, but considering how powerful it has become, it may have contacts higher up.

 

[vito scalleta]

Maybe, but considering how powerful it has become, it may have contacts higher up.

Possible. I remember this issue being raised in the Parliament discussion without naming the company.

 

[Nerevarine]

Possible. I remember this issue being raised in the Parliament discussion without naming the company.

Even the MPs are afraid of naming the company. They need to stop this before they grow too powerful.

 

[chetansha]

Even the MPs are afraid of naming the company. They need to stop this before they grow too powerful.

In Parliament you cannot name any company or person, unless they are members of Parliament.

 

[vito scalleta]

*www.thehindu.com/education/the-bai...n_n2GXIcgKD12CzBM9-6itBqfmuMbtNOF9SJsSak3hZK8

Article from hindu on the impact of such edtech companies

 

[Nerevarine]

Its not just indians, but i get your point.

 

[RumbaMon19]

I don't understand why the first instinct of every typical Indian businessman is to make money by scamming/cheating his countrymen.

Every business does that friend.

 

[Zangetsu]

I don't understand why the first instinct of every typical Indian businessman is to make money by scamming/cheating his countrymen.

Because Money matters a lot in Business. They would sacrifice their ethics and morale for MONEY.

 

[Zangetsu]

 

[skeletor]

*themorningcontext.com/internet/byjus-2020-21-financials-show-its-a-house-of-cards

 

[Zangetsu]

 

[Desmond]

I think it's much more likely that someone would buy them out before that happens.

 

[RumbaMon19]

Most service based and ed-tech startups in India are creating losses. Swiggy, Zomato, Byjus, Vedantu etc. All are currently in loss. It's only product based ones able to make a living.

 

[RumbaMon19]

timesofindia.indiatimes.com/business/india-business/byjus-once-most-valued-startup-enters-bankruptcy/articleshow/111794165.cms

Tl;Dr - It's dead and bankrupt. Now they will sell all they had to repay all the payments.

It was a long journey 2011-2024

Edit- Parents are not getting the refund btw.

 

[Desmond]

Well, RIP. It was entertaining drama.

Pradeep Poonia will be happy.

 

[Nerevarine]

It says Byjus is abroad right now? Is that true, another vijay mallya, nirav modi, lalit modi in the making ?