BENGALURU -- About a year ago, Byju's was the world's most valuable education startup. Today, the online tutoring app serves as an object lesson on the perils of investing in Indian private companies.

Indian students using Byju's app, as pictured above, helped the company obtain a $22 billion valuation in March 2022. (Source photo by Kosaku Mimura)
Online tutoring app's woes threaten venture capital funding for other startups