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Another EdTech shuts shop: Udayy lays off all employees, returns remaining capital to investors 

In a seed funding round, the organisation raised a total of $2.5 million. This round was led by Alpa Wave Incubation (AWI) managed by Falcon Edge Capital and InfoEdge Ventures

Published on 2nd June 2022
edtech

Vedantu joins list of start-ups in India laying off employees. Has the EdTech boom fizzled out?

The Bengaluru-based unicorn has laid off a total of 600 contractual and non-contractual employees in May so far, with the recent announcement of letting go of 7% of its workforce

Published on 20th May 2022

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