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Detailed stories on technology startups, business and economic current affairs.
The great startup party is over and why the Indian government’s session on gig workers’ problems is too little too late.

The great edtech party is over. After a couple of big-bang years, in which edtech startups scaled new highs buoyed by investors’ dollars, the layoffs are here.
Earlier this week, two-year-old Udayy, which provided an immersive learning platform for children between kindergarten and grade 8, shut down operations and laid off its entire workforce.
“As the kids went back to school, we faced roadblocks in growing the original model of online, live learning. We evaluated multiple different strategies and adjacent pivots however none of them were promising enough. After a lot of deliberation, we decided that it’s better to shut …
India’s grocery and food delivery platforms are increasingly displaying misleading images of food using artificial intelligence, defeating the very purpose of buying online.
Believing education is the key to success, Unacademy raised $880 million and reached a $3.4 billion valuation, only to crash 90%. Its co-founder and CEO gets candid about the state of the startup and Indian edtech.
Parent AceVector is headed for a public market debut next week. As much as 97% of its revenue comes from two businesses. One is already a listed entity, the other a missed opportunity.