Byjus is suffering from losses as it made loss of over 4500+ crores in 2021-2022 financial year.
To cut down cost Byjus have fired over 2500 employees from its company.
Indian ed-tech startup Vendantu is no exception from heafty loss of 158 crores in 2022
The startup had laid off over 700+ employees in phases in 2022
India's most recognizable edtech startup Unacademy undergone loss of 2800+ crores in 2022
Unacademy laid off over 350 employees to cut down and restructure the business.
There is one profitable startup
All the giant edtech startup of India are suffering from losses but .........................
Started as a youtube channel and Alakh Pandey turn into most profitable edtech startup in 2022
Physic Wallah made revenue of over 233 crores but it made whopping profits of 100 crores in 2022
Now Physics Wallah youtube channel has 18+ million subscribers and also got funding of over $100 million. It is giving affordable courses to all the students.