CNBC TV18 | 02/06/2022 08:36 AM | Click to read full article
Edtech startup Udayy shuts down, laying off all its employees as growth stagnates within the online and live learning model. This comes on the back of kids moving back to schools in the post-pandemic world, said co-founder Saumya Yadav.
“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 was promising enough,” said Yadav.