Byju’s, an Indian edtech company, has gone from hero to zero in just two years. Following the pandemic tech boom, the online tutoring business — founded by Byju Raveendran — was India’s most valuable start-up in 2022, worth around $22bn. Its backers included BlackRock, Facebook founder Mark Zuckerberg and even the World Bank’s investment arm. It sponsored the Fifa World Cup in Qatar and India’s illustrious cricket team. But last week, Raveendran said that the company was now in effect “worth zero”. What went wrong?
印度教育科技公司Byju's在短短两年内从大神变成啥也不是。在大流行的科技热潮之后，这家由Byju Raveendran创办的在线辅导企业成为2022年印度最有价值的初创企业，价值约220亿美元。其支持者包括贝莱德、Facebook创始人马克•扎克伯格，甚至世界银行的投资部门。它赞助了卡塔尔世界杯足球赛和印度知名板球队。但上周Raveendran表示，该公司现在实际上“价值为零”。出了什么问题？
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