Startups and Unicorns in India
Failures and Lessons
High-profile collapses, such as Byju's, show what can go wrong with rapid growth and weak governance.
Not every big name lasts.
Byju’s
The edtech giant, once valued at billions, ran into unpaid loans, accounting questions and legal battles, and entered insolvency proceedings in 2024.
Governance
Weak boards and unchecked founders can hide problems.
Investors’ role
Investors also need to check claims before pouring in money.
Lessons
Sound accounts, honest reporting and sustainable growth are essential.
A warning sign
A firm that delays audits or accounts may be hiding trouble.
Blaming failures only on bad luck
Governance and strategy often play a part.
Key takeaways
- Byju's faced insolvency proceedings.
- Governance matters.
- Investors must check.
- Sustainable growth is essential.
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