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Amazon has started onboarding sellers from across the country and is asking them to list unbranded products, priced at Rs 600 or less. The platform will offer products like apparel, watches, shoes, jewellery and luggage.
Upgrad cofounder Ronnie Screwvala huddled up with a group of founders and edtech leaders to discuss the way forward from the perception hit, which the sector has taken as a result of the doings of just one company.
The move is aimed at ensuring that millions of Paytm Fastag users do not face any hassle while using toll roads after the cut-off date, people aware of the matter told ET. The government is apprehensive of the inconvenience that will be caused to Paytm users, they said.
The upGrad co-founder further added that the focus will not be on investor appeasement because once they start to see something good, they will follow. “They want to be fair weather friends, they are fair weather friends,” he added.
The founders aimed to change the narrative around edtech, shifting it away from being seen as a 'predatory space' to highlighting its positive aspects, according to a founder.