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Amazon Academy to Shut Down Less Than Two Years After Launch as Edtech Firms Face Post-Pandemic Challenges
- Thursday November 24, 2022
- Reuters
Amazon Academy will be shut down in the country, the company said on Thursday, without citing a reason. The service was launched last year amid a boom in virtual learning during the COVID-19 pandemic. Based on an assessment, the ecommerce giant said in a statement that it had made the decision to discontinue Amazon Academy "in a phased manner to ta...
- www.gadgets360.com
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Government Warns Ed-Tech Companies Against Unfair Trade Practices
- Friday July 1, 2022
- Jagmeet Singh
The government on Friday warned ed-tech companies against unfair trade practices in India. The consumer affairs secretary in a meeting with industry body Indian Edtech Consortium (IEC) said that stringent guidelines would need to be worked out for ensuring transparency if self-regulation does not curb the unfair trade practices in the sector. The m...
- www.gadgets360.com
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Byju’s Lays Off 500 Workers at WhiteHat Jr, Toppr; Sacked Employees Claim Number Higher
- Thursday June 30, 2022
- Press Trust of India
Byju’s announced on Thursday that it has laid off less than 500 workers at WhiteHat Jr and Toppr, as part of efforts to recalibrate its business priorities and accelerate long-term growth. Meanwhile, sacked employees have claimed that 1,100 staff had been retrenched at Toppr alone. The employees also claimed that they got a call from the company ...
- www.gadgets360.com
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"Truly Sorry": 400 Laid Off By Education Firm Vedantu Amid Startup Slump
- Wednesday May 18, 2022
- India News | NDTV News Desk
Calling it one of his "toughest decisions", Vedantu CEO Vamsi Krishna blamed a "tough external environment".
- www.ndtv.com
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Edtech Firm Vedantu Lays Off 200 Employees
- Friday May 6, 2022
- India News | Press Trust of India
Edtech firm Vedantu has laid off 200 employees as it did not find them in sync with the company's growth expectation.
- www.ndtv.com
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Vedantu Gets $100 Million Funding, Becomes India's Fifth EdTech To Enter Unicorn Club
- Wednesday September 29, 2021
- Business | Edited by Prashun Talukdar
Online tutoring platform Vedantu on Wednesday said that it has raised $100 million in 'Series E' round led by Singapore-based impact investing fund ABC World Asia.
- www.ndtv.com/business
-
Amazon Academy to Shut Down Less Than Two Years After Launch as Edtech Firms Face Post-Pandemic Challenges
- Thursday November 24, 2022
- Reuters
Amazon Academy will be shut down in the country, the company said on Thursday, without citing a reason. The service was launched last year amid a boom in virtual learning during the COVID-19 pandemic. Based on an assessment, the ecommerce giant said in a statement that it had made the decision to discontinue Amazon Academy "in a phased manner to ta...
- www.gadgets360.com
-
Government Warns Ed-Tech Companies Against Unfair Trade Practices
- Friday July 1, 2022
- Jagmeet Singh
The government on Friday warned ed-tech companies against unfair trade practices in India. The consumer affairs secretary in a meeting with industry body Indian Edtech Consortium (IEC) said that stringent guidelines would need to be worked out for ensuring transparency if self-regulation does not curb the unfair trade practices in the sector. The m...
- www.gadgets360.com
-
Byju’s Lays Off 500 Workers at WhiteHat Jr, Toppr; Sacked Employees Claim Number Higher
- Thursday June 30, 2022
- Press Trust of India
Byju’s announced on Thursday that it has laid off less than 500 workers at WhiteHat Jr and Toppr, as part of efforts to recalibrate its business priorities and accelerate long-term growth. Meanwhile, sacked employees have claimed that 1,100 staff had been retrenched at Toppr alone. The employees also claimed that they got a call from the company ...
- www.gadgets360.com
-
"Truly Sorry": 400 Laid Off By Education Firm Vedantu Amid Startup Slump
- Wednesday May 18, 2022
- India News | NDTV News Desk
Calling it one of his "toughest decisions", Vedantu CEO Vamsi Krishna blamed a "tough external environment".
- www.ndtv.com
-
Edtech Firm Vedantu Lays Off 200 Employees
- Friday May 6, 2022
- India News | Press Trust of India
Edtech firm Vedantu has laid off 200 employees as it did not find them in sync with the company's growth expectation.
- www.ndtv.com
-
Vedantu Gets $100 Million Funding, Becomes India's Fifth EdTech To Enter Unicorn Club
- Wednesday September 29, 2021
- Business | Edited by Prashun Talukdar
Online tutoring platform Vedantu on Wednesday said that it has raised $100 million in 'Series E' round led by Singapore-based impact investing fund ABC World Asia.
- www.ndtv.com/business