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EdTech Council, the educational technology hub based in London, UK for global EdTech companies released a list of Top 10 best EdTech Events 2023
In its fourth round of job cuts this year, leading edtech platform Vedantu has laid off 385 employees as the funding worsens.
Vedantu which was launched in 2014 offers individual and group classes across K-12 and test preparation segments. It is the fifth edtech start-up to gain the unicorn status.
Best Media Info: As per the company, it has been launched with the intent to create clutter-breaking platforms, which would defy the inherited dependence of working with multiple publishers| Advertising News
As edtech platforms start bleeding in India, Unacademy, which recently laid off over 600 employees, has predicted a funding winter that can last as long as 18 months, saying it will cut costs wherever required to weather the dry spell and become profitable. Unacademy Layoffs: ‘Time To Cut Costs As Funding Winter Can Last Up to 18 Months,’ Says CEO Gaurav Munjal.