Finale: The collapse of India’s $22bn tech star
About this episode
The episode discusses the rapid rise and fall of the Indian education start-up Byju’s and its implications for the tech sector in India.
For our final episode: Education start-up Byju’s quickly became the pride of India during the Covid-19 pandemic. But almost as fast as the company rose, it collapsed. The fallout has already resulted in millions of dollars’ worth of US court sanctions and allegations of witness tampering. The FT’s Mumbai bureau chief Chris Kay has been following the legal drama and examines what Byju’s demise means for India’s burgeoning technology sector. Clips from Byju’s, US Bankruptcy Court - District of Delaware The FT does not use generative AI to voice its podcasts. - - - - - - - - - - - - - - - - - - - - - - - - - - Thank you for listening to Behind the Money! You can stay in touch with host Michela Tindera on X ( @mtindera07 ) and Bluesky ( @mtindera.ft.com ), follow her on LinkedIn, or email her at michela.tindera@ft.com . - - - - - - - - - - - - - - - - - - - - - - - - - - For further reading on this episode: A fallen Indian tech star and the hunt for its missing millions ‘Screaming into a hurricane’: the fall of India’s most valuable start-up Byju’s How a teaching app feted by Silicon Valley was left chasing the Indian dream…
More episodes of The Story of Money
- They are history’s geniuses. But were they any good at investing?
- How ancient Mesopotamians solved runaway debt
- Introducing: The Story of Money
- Private credit’s public reckoning
- Best of: How the diamond industry lost its sparkle
- Introducing Untold: Opus Dei
Explore listener stats, chart rankings, contacts and more on the The Story of Money podcast page.