Discover and read the best of Twitter Threads about #BYJU

Most recents (9)

The biggest problem with #Edtech startups like #Byju's and #Vedantu is they focus on tech rather than teaching !
Teachers >> Tech Thread 🧵
Thankfully, they are gradually recognising the importance of the human touch, which is why so many of them have started adding teachers ( AKA coaches and mentors ) to their online training programs .
The problem is that most of the " teachers " employed by these EduTech startups are treated as widgets , who are trained to do their job in a mechanical , detached fashion , in order to earn their salary , rather than because they care about their students !
Read 6 tweets
Are #Startup valuation any way justified?

Closing price of #Zomato on #BSE today was Rs. 132.60 at this price, Market cap of Zomato (Total valuation of Company) is at Rs. 1,04,027 Crores. Which means #Zomato is already in top 50 Companies of India market cap wise (1/n) Source: BSE India
#GodrejConsumer which was listed on 18-06-2001 and having a track record of giving constant profit for atleast 10 years (…) is valued just below #Zomato. despite comparatively much stronger performance and track record of Profit and Dividend (2/n) Source: BSE IndiaSource:
On the other hand #Zomato has accumulated loss of 56,00,30,00,000 INR (Source: Zomato RHP - in INR Million) as on 31/3/21 and still it is valued at such a higher price. Zomato is valued higher than #TataMotors #Britannia #BergerPaints to name few (3/n)… Source: Zomato RHP
Read 12 tweets
This is slowly becoming like a bubble. It will break once #Byju goes public in India. This company is trying to grow in an inorganic manner. Its revenue was ₹20.16 crores in FY19. For a company that's valued in $Billions, the revenue is just a trickle.
#Byju claims that they have added 13.5 million customers but they have not provided the split of paid accounts vs free accounts. As per Fintrackr, its total expenses had grown 2.6X from Rs 537.4 crore in FY18 to Rs 1,376.5 crore in FY19.
#Byjus advertising and promotion accounted for about 1/3rd of its expenses. They have not provided any expenses/revenue details on their paid courses. Any guesses as to where their primary revenue comes from ??

It's from the sale of Tablets and course materials.
Read 7 tweets
WTF is wrong with @BYJUS?

I got a call from one of my Relative, The Sales guy pitched her wife to get the kid enrolled for some 'Home Learning Plan'

She said the boy is getting a ₹30k scholarship so they need to pay only ₹5000 in Bank and ₹25k in EMIs.

#EdTech Thread ⬇️
He said this scholarship is only valid till tomorrow and you need to pay the fee by today. The Tablet will be delivered within 7 days and if you aren't happy you can return it within 15 days.

So here the game begins - They asked for

Aadhar Card
PAN Card
Bank Passbook Copy
They want PAN Card for Loan/CIBIL related inquiries, Bank Details for EMI Deductions, and Aadhar Card for signing the eNACH.

Finally, ask the customer for Aadhar OTP and sign the auto-debit on the customer's behalf. Parents wouldn’t even realize how their PAN/Aadhar got used.
Read 18 tweets
#ICYMI | India’s education sector is poised to grow from the current $117 billion to $225 billion by FY25.

Here’s how just one day in India’s edtech sector panned out.…

By @SanchDash
@SanchDash India is home to the world’s most valued #edtech startup and has a burgeoning list of unicorns from the sector. Even Indian venture capitalists believe that it’s a sector to watch out for in 2021.
@SanchDash And if that were not enough, the world’s richest man #JeffBezos is eyeing the edtech segment in India, apart from his already bullish e-commerce giant #Amazon.

Read 7 tweets
Here's why #BYJUS may want to spend a billion dollars on physical coaching centres…

By @SanchDash Image
#India’s edtech unicorn #BYJU's is reportedly set to acquire the brick and mortar preparatory services institute Aakash Educational Services for a whopping $1 billion. If the deal goes through, it will become one of the biggest #edtech deals in the world.
Aakash Educational Services runs over 200 coaching institutes across the country and has a student count of more than 2,50,000, which would give #BYJU’S a direct entry into the test preparation market.
Read 5 tweets
#EdTech | From #BYJU’S to #Unacademy – competition in India’s fast-rising online education sector - by @sanchdash

@unacademy @BYJUS @vedantu_learn #Eruditus…
The opportunity in Indian #EdTech is huge and the top edtech startups are all vying for the same pie. In 2020 alone, India’s edtech startups have raised over $1.5 billion which is just as much as the startups had raised in the past five years put together.

According to a Redseer report, India’s #EdTech startups had raised $1.6 billion between 2014-2019. Here's a look at the valuations of India's fast-rising #onlinelearning sector.

@BYJUS @unacademy @vedantu_learn #Eruditus
Read 9 tweets
#Justin | Fantasy sports platform @Dream11 wins IPL title sponsorship rights with a bid of Rs 222 crore: IPL Chairman Brijesh Patel to news agency PTI

#IPL2020 #indianpremierleague
@Dream11 .@Dream11 wins #IPL2020 sponsorship – India’s first gaming unicorn bags the rights for ₹250 crore - by @SanchDash…

#ipl2020schedule #indianpremierleague @IPL @BCCI Image
India’s first gaming unicorn @Dream11 bags #IPL sponsorship for ₹250 crore.

#Dream11 #ipl2020schedule #indianpremierleague @IPL @BCCI
Read 11 tweets
Yesterday I wanted to buy a #OnePlus 8Pro but I stopped because it's made in #China. So I changed my opinion and searched for #iPhone, sadly 80% of iPhones are made in China☹️ Finally I decided to open #Flipkart to search for other mobiles but flipkart is funded by Chinese 🤘👇
I was extremely disappointed and thought of eating some delicious food 🍴🍕🍔 for that I opened #Zomato and #Swiggy irony is that both are funded by Chinese firms. Finally I decided to order some snacks from #Bigbasket, this is also funded by china. 😭🥵👇
I was vexed and wanted to go to restaurant and eat 🍝 . To go there, I tried booking #Ola and cancelled because China funded Ola too. I wanted to compromise for food but Ola driver was accepting ride only if I pay through #Paytm but again China has made investment in Paytm. 👇
Read 5 tweets

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