Bluelearn is shutting down

indianstartupnews.com

BITS Pilani graduates-founded BlueLearn shut down after raising $4 million

BITS Pilani graduates-founded BlueLearn is shutting down after raising $4 million in funding from...

5mo ago

7.1Kviews

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FloatingWaffle

Flipkart5mo

Haha. Anything Bits pilani kids do is just show off big time. U put ur money in its mostly gone. That old bits is no longer present, i only see totally useless and fake product managers from BITS Pilani.

DancingDonut

Stealth5mo

They are not BITS Pilani. They are BITS (Pilani) Goa. Although your generalization is stupid, but still it's important to point out the difference

WigglyTaco

Swiggy5mo

Even shittier then

QuirkyCupcake

TCS5mo

So retaining 30% i.e. $1.2M i.e. close to Rs.10 Crore received from investors. Is it not cheating?

DancingCoconut

Stealth5mo

That's not cheating in morden days but my mom dad generation call it as fraud

WigglyBanana

Stealth5mo

@Kumudha how is that cheating? That was money they received from investors to build a startup. 95% of funded startups fail, investors know it when investing

WigglyBanana

Stealth5mo

Unfortunate. It's super difficult to build a consumer app. Heard great things about the team and hope they get new opportunities soon

DancingDonut

Stealth5mo

I never understood their business model in the first place. If you have followed them, can you make me understand what really worked for them that convinced really reputed investors to give them money

FluffyWaffle

Stealth5mo

THERE IS NO CORE BUSINESS MODEL! A business needs to bring in cash consistently to stay afloat let alone be profitable.

ZestyQuokka

Stealth5mo

Ed tech is super super hard

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