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In 50 Words: Byju’s misses $1.25b revenue target by huge margin, per much-delayed earnings
Byju’s, India’s largest edtech startup, saw revenues hitting US$429 million for the fiscal year concluding in March 2022, missing its unaudited target of $1.25 billion. High-profile departures, investor dissatisfaction, and a delay in financial filings have added to the edtech giant’s growing list of challenges.
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