Brilliant Venus is above the southwestern horizon after sunset and can be seen near the crescent moon today. Bright Jupiter and dimmer Saturn are in the southwestern sky after sunset and can be seen near the moon on Wednesday and Thursday. A deep partial lunar eclipse is visible during the early morning hours of Nov. 19. fredericksburg
Startup
24 February, 2024
Byju’s, once heralded as a flagship in India’s edtech sector, is grappling with severe financial and operational challenges, marked by a dramatic valuation drop. The company, which sought to stabilize its operations and finances, is now raising funds at a valuation significantly lower than its peak. This development comes amid efforts to address a substantial debt burden, with Byju’s proposing a repayment plan for its $1.2 billion loan. Investor confidence appears shaken, with some stakeholders pushing for drastic changes in leadership to navigate the crisis effectively. The turmoil reflects broader sectoral pressures and raises questions about the sustainability of high-growth trajectories in the edtech industry