Ed-tech Archives - Start Up Article

GIGL – Great Ideas Great Life, isn’t just another EdTech company; it’s a movement reshaping the landscape of education and accessibility in India. GIGL has more than 33 lakh users with a 4.8 ★ rating given by 1,55,000+ users. GIGL was started by Hemant Pant. Before that Hemant worked as an S.D.O in Himachal Pradesh for 5 years after completing…

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BYJU’S Delays November Pay for 1K Staff – Technical Glitch

SA TeamDecember 12, 2023

Three points you will get to know in this article: BYJU’S, the embattled edtech startup, has encountered a temporary delay in issuing the November salaries to approximately 1,000 team members due to an unforeseen technical hiccup. Promise of Salary Disbursement by Monday The company, currently facing challenges, follows a salary cycle that resets at the commencement of each month. Despite…

Education

BYJU’S Responds to ED Show Cause Notices, Describes Them as Technical

SA TeamDecember 4, 2023

Three points you will get to know in this article: BYJU’S, the prominent edtech decacorn, responded on Wednesday (November 29) to show cause notices from the Enforcement Directorate (ED), describing them as ‘purely technical’ and expressing confidence in effectively addressing the issue. ED Queries and BYJU’S Compliance In an official statement, the company clarified that the ED’s inquiries mainly stem…

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Edtech Unicorn PhysicsWallah Lays Off Approximately 120 Employees

SA TeamNovember 27, 2023

Three points you will get to know in this article: PhysicsWallah, the prominent Ed-Tech unicorn, recently underwent a restructuring phase resulting in the departure of approximately 70-120 team members. Although external reports attribute this to a cost-cutting initiative, the company asserts that these workforce adjustments were prompted by performance-related considerations. Satish Khengre, the Chief Human Resources Officer at PhysicsWallah, shed…