Explained: The Bumpy Road For Edtech Companies | India Development Debate | ET Now

Edtech companies have been in the limelight of late for a variety of reasons. Byju's, for instance, reported a twenty-fold surge in losses after readjusting its revenue from operations for FY21. Revenues have been reported at Rs. 2,280 crore even as the company incurred massive losses of Rs. 4,588 crore, up from just Rs. 262 crore in the previous fiscal year. The edtech giant, along with WhiteHat Jr, Byju’s-owned Toppr and Vedantu have laid a large number of employees over recent months. What really is ailing the edtech space? Is there more pain to come? ET NOW's Tamanna Inamdar explains on the India Development Debate with Shriram Subramanian, Founder & Managing Director at InGovern Research Services. Tune in! #edtechcompanies #byjus #etnow Subscribe To ET Now For Latest Updates On Stocks, Business, Trading | ► https://goo.gl/SEjvK3 Subscribe Now To Our Network Channels :- Times Now : http://goo.gl/U9ibPb The NewsHour Debate : http://goo.gl/LfNgFF To Stay Updated Download the Times Now App :- Android Google Play : https://goo.gl/zJhWjC Apple App Store : https://goo.gl/d7QBQZ Social Media Links :- Twitter - http://goo.gl/hA0vDt Facebook - http://goo.gl/5Lr4mC G+ - http://goo.gl/hYxrmj Website - www.etnownews.com