{"id":836266,"date":"2024-07-23T10:57:08","date_gmt":"2024-07-23T05:27:08","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=836266"},"modified":"2024-07-23T11:02:57","modified_gmt":"2024-07-23T05:32:57","slug":"ed-tech-firm-byjus-founder-faces-reckoning-as-startup-implodes","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/23\/ed-tech-firm-byjus-founder-faces-reckoning-as-startup-implodes\/","title":{"rendered":"Ed-tech firm Byju&#8217;s founder faces reckoning as startup implodes"},"content":{"rendered":"<p>Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, now faces his biggest test.<\/p>\n<p>The future of Raveendran&#8217;s eponymous Byju&#8217;s online coaching firm rests with India&#8217;s courts after the country&#8217;s biggest startup, once loved by global investors who valued it at $22 billion, crashed below $2 billion in valuation. The 44-year-old founder last week lost control of the company as a tribunal kick-started an insolvency process.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Byju Raveendran, an Indian mathematics whiz who soared from teacher to startup billionaire before his education-technology company imploded this year, now faces his biggest test. The future of Raveendran&#8217;s eponymous Byju&#8217;s online coaching firm rests with India&#8217;s courts after the country&#8217;s biggest startup, once loved by global investors who valued it at $22 billion, crashed below $2 billion in valuation. The 44-year-old founder last week lost control of the company as a tribunal kick-started an insolvency process.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[83,4,22],"tags":[],"class_list":["post-836266","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/836266","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=836266"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/836266\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=836266"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=836266"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=836266"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}