How India’s most valuable startup ended up being worth nothing

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There’s more bad news for Byju’s. In a research note, HSBC estimates that the Indian edtech giant, once valued at $22 billion, is now worth nothing. The write-down in its estimation makes Byju’s one of the most spectacular startup slides in recent memory and follows a very rough year for what was India’s most valuable startup not long ago.
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A unicorn-rich VC tells all: Over the course of his career in venture capital, Wesley Chan has invested in over 20 unicorns like Canva, Flexport and Robinhood. In a conversation with Christine Hall, Chan says he owes his success to his hard-working immigrant family and a Craigslist job washing lab beakers. Read More
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HSBC and BlackRock estimate that the Indian edtech giant Byju’s, once valued at $22 billion, is now worth nothing.
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