The Story of Money

Finale: The collapse of India’s $22bn tech star

The Story of Money

Show Notes

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.

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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 [email protected].

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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

Read a transcript of this episode on FT.com Hosted on Acast. See acast.com/privacy for more information.

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