Once the most sought-after edtech company, BYJU’S is now embroiled in a series of issues. Crypto management app Pillow has decided to wind down its services and its app. Mental health practitioners and relationship counsellors tell what it means to date an anxious person.
Businesses often hit roadblocks, but what’s happening at edtech company BYJU’S is more than a stumbling block. In fact, it’s nothing short of a raging fire.
Last week, the Ministry of Corporate Affairs reportedly ordered an inspection against edtech major BYJU’S after taking cognizance of various corporate governance lapses. BYJU’S has denied the reports.
Meanwhile, fintech major PhonePe has launched merchant lending services on its platform.
Through its marketplace model, the fintech giant will leverage its technology and distribution network to facilitate loans to its current 35 million-large merchant base via banks and NBFC (non-banking financial company) partners. The underwriting, disbursals and loan collection will be done by the latter.
Also, Intel India chief Nivruti Rai will step down after 29 years with the company. According to media reports, she is likely to be appointed as MD and CEO of Invest India.
In her most recent role, Rai served as India head and vice president of Intel Foundry Services.
ICYMI: An octagonal sword dating from more than 3,000 years ago is so well preserved that it still gleams!
Found at a burial site in the state of Bavaria, southern Germany, archaeologists date it back to the 14th century BCE, the “Middle Bronze Age”.
In today’s newsletter, we will talk about
- BYJU’S is in a big soup
- Pillow discontinues services in India
- Dating a person with anxiety
Source : https://yourstory.com/2023/06/byjus-edtech-company-crypto-management-pillow-dating-anxiety