‘Byju’s tried to grow too fast, without creating rigour and corporate discipline’

BENGALURU: Edtech firm Byju’s tried to grow too fast and move without creating the rigour and the corporate discipline that a growth company needs, said Minister of State for Electronics and IT Rajeev Chandrasekhar.

Speaking at an event in Mumbai on Tuesday, he told entrepreneurs that equity is never cheap and if you are not smart at that time, and if you have not learned from your peers, or learned from folks who came before you, you will make mistakes, and I think Byju’s is that mistake.