Unacademy, PhysicsWallah, Vedantu, Eruditus, and upGrad cumulatively spent more than Rs 2,250 crore on ads and promotions, and Rs 5,465 crore on employees but with funding winter and slower growth these excesses are becoming a thing of the past.
We recommend few policy interventions such as allowing a super deduction of 200 % for R&D expenses for new and clean solar technology development and the Technology Upgradation Fund Scheme to further boost R&D in the solar sector, says Vikram Solar’s Managing Director, Gyanesh Chaudhary