Another one bites the dust...
Just last week he was giving gyan on why BYJUs failed. Welcome BYJUs 2.0..
Spicymango9867
Another edtech bites the dust alongside Eduvanz (my ex co)
15mo ago
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Curated from across
Is eduvanz the one where one founder quit cuz he wanted to make it a VR learning company?
Not sure which founder or which Eduvanz you're referring to....Varun and raheel are still there..in the co..and business is working as usual
No, I guess you are referring to Invact.
I feel sorry for the people. Imagine being so desperate that you go broke trying to come out of poverty. Lot of people will say karma will get back. But no its doesnt. The founders and imvestors will have fun whereas the common man will sink into oblivion.
True
Skill lync - another darling of YC in recent years! Had briefly interacted with their team. Came away with red flags! And yeah, they pushed people to EMIs not because their product was expensive, but because it guaranteed payment as opposed to subscriptions.
They approached my current nbfc too...we rejected them cuz they wanted an assisted loan journey where the institute could fill in the loan details...
What happens to Crio.do now? Since skilllync acquired Crio last year
What happened to Eduvanz ? Is it still alive or fcuked up ?
I joined a bootcamp under a financial support plan provided by eduvanz. Like their interest rate was very unbelievable (just like how they claim on their website). Like literally 3% at max on my bootcamp fees.
I haven't been able to pay back as I haven't got a full-time job yet.
Just last week he was giving gyan on why BYJUs failed. Welcome BYJUs 2.0..
AlmaBetter has been struggling for the past few months. The edtech space is facing another massive dying off, I suppose, but what about this one? Upskilling will still be relevant.
Was interviewing at one of the acquisitions of a major edtech player for a design role in Bangalore roughly 2 years ago.
🚩 Didn't share agreement on email unless I came to office for a day's worth of work (after completing interview ...
According to my pals who work there, Vedantu has laid off some teachers and the design team. However, the number of people is yet unclear.
#Vedantu
Graphy has forced a 30% salary cut on each employee to achieve profitability this year. This cut will be applicable from February onwards until 7-8 months.
Truly a sad time for the Edtech ecosystem.
I repeat: If you have options, avoid joining EdTech companies. If you're already working for one, exit at f...