Byju’s is weighing whether to wind down WhiteHat Jr, a coding platform that it acquired over two years ago at an enterprise value of $300 million, as the edtech group looks to cut expenses and eliminate a business unit that has drawn considerable criticism to the firm.
The Bengaluru-headquartered firm, India’s most valuable startup at $22 billion valuation, has held conversations in recent weeks about shutting down what was once touted as one of its best acquisitions, three sources familiar with the matter told TechCrunch. It has not reached the decision yet, according to a separate person familiar with the matter.
The discussions come at a time when Byju’s is cutting cos …
