The development comes barely a week after a dozen edtech firms came together to create and adopt a self-regulatory code of conduct. The Indian government has begun tightening the noose around local edtech players. First in line are edtech companies partnering with higher educational institutes ...
seeing the most impact of the post-pandemic opening of the economy and some layoffs in these firms. Most of the attrition we are seeing is in customer support, operations, etc, which are also prone to some amount of automation," he says...
In fact, the reports said even the Advertising Standards Council of India (ASCI) were asked to play a proactive role to ensure that information is not oversold in commercials. The industry self-regulator had stated last month that over 5,500 ads were reviewed over the past 12 months and mor...
The company said it was open to partnerships with more edtech firms in Indonesia and Southeast Asia. It is also looking to double its headcount in the next 12 months from the current 500 employees. Gupta also told Tech in Asia that India – Teachmint’s largest market – has been its ...
In India, edtech funding has grown from $0.2 billion five years ago to $3.8 billion and 18 percent of global investments in 2021. Since English is widely spoken in India, international edtech firms may be able to achieve rapid success there even without translating much of their content....
Educational technology (EdTech)new institutionalismorganizational fieldsensemakingneoliberalismIndiaAcross the U.S., test publishers, software companies, and research firms are swarming to take advantage of the revenues made available by the No Child Left Behind Act. In effect, the education industry has...
found its significance in the corporate world as well. Several corporate companies use modules to help in educating its staff through MOOC, Storyline, etc. tests and several learning and training modules. It not only helps firms to educate staff while cutting costs, but also helps to save ...
The attempt to invest in Lido Learning could also be seen as part of ByteDance’s broader strategy of find promising tech firms to buy into, as the Chinese company’s primary money-making app TikTok is banned in India, one of the key overseas markets for t...
Besides this, many other edtech firms had to cut jobs and scale down. Indonesian edtech major Ruangguru, for instance, laid offhundreds of employeesin 2022. Another player from the country, Binar Academy,reduced its headcount by 20%that same year, whileLingoAceterminated hundreds of staff in ...
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