Page 5 - Wedtech Startup News Today

Through this move, the company wants to remunerate more of its employees and further incentivise the efforts by creating wealth for the employees as they build Adda247.

Byju's employees say its success is built on the back of an abusive and exploitative work environment and unscrupulous sales practices that involve profiling, pursuing and pressuring potential customers from poorer backgrounds to buy its courses.

Amazon will bring down the shutters on its Amazon Academy starting August 2023, as the demand for online learning wanes post the pandemic. The app has over 5 million downloads on Google Play.

“Sometimes what Byju wants is not what BYJU’S demands,” founder and CEO of the edtech giant said in an email to his employees where he blamed global macroeconomic factors behind the company’s focus pivot to profitability which prompted the layoffs.

Lido has failed to repay debts and has fallen behind on payments to former employees.

Joining a list of edtech startups that are facing the wrath of angered customers, Henry Harvin Education (HHE) known for providing a wide range of training and advisory courses has irked many individuals, who allege irregularities in the organisation that has cost them time and money.

SplashLearn claims to have benefitted over 40 million students in the US, UK, Canada, Australia, Singapore and New Zealand, and is currently working on its India strategy to align the content to the local curriculum

Innosphere Ventures Fund teams with Burst Diagnostics to improve accuracy of COVID-19 antigen testing...

More than 15,000 people working in the technology sector lost their job in the month of May alone.

After Unacademy, Vedantu, another edtech startup Udayy has fired over 100 employees and closed its operations in India.