Fired employees say the edtech startup is not paying them December salaries, while the remaining workers aren’t being allowed to resign.
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As if slowing demand and competition from quick commerce aren’t enough, it now has a new bugbear in finding and retaining talent.
At the ASU+GSV & Emeritus summit in Gurugram, even as experts rallied behind AI, everyone seems to have forgotten the significant failures in the last five years.
The Bengaluru-based edtech company seems to have flogged its US assets multiple times over the years, putting a question mark on the ownership of the entities that stood guarantee for its $1.2 billion term loan.