EDTECH

Digital

Lowering GST from 18% to 5% in EdTech will boost industry growth: Report

If the GST rate on EdTech services were reduced from 18% to 5%, the sector could experience an impressive 34% compound annual growth rate (CAGR)

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BYJU's gives up all offices across India; retains only headquarters in Bengaluru

As a result of the decision, the company has now mandated that all employees work from home indefinitely, except for those working out of its headquarters and approximately 300 Byju's Tuition Centres across the country.

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Byju's disburses part of pending salaries for employees; promises to pay the balance from rights issue fund

This comes as the National Company Law Tribunal (NCLT) in its order passed on February 27 directed the edtech company to keep funds received from the rights issue in an escrow account till the disposal of the oppression and mismanagement plea filed by four of the company's investors.

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Young entrepreneurs should learn from Byju's mistakes: MoS IT Rajeev Chandrasekhar

This comes at a time when some of the most highly valued startups, including Byju's, Paytm, Ola, and Dream11, have come under fire for a range of issues, casting a shadow on India’s technology and startup ecosystem.

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31 out of 100 edtech ads made superlative claims: ASCI report

Among many other things, the report found that only one in four ads depicted both boys and girls as protagonists. For the role of the single protagonist, boys were chosen 1.8x times over girls.

How it Works

"Please help me out and give justice to me," says Byju's employee in a tearful video

Akansha Khemka, an academic specialist said that she is the sole breadwinner of the house and would be driven to die by suicide if Byjus does not release all her dues.

Brand Makers

India At 75: BYJU's Divya Gokulnath on building a new India

Divya Gokulnath, co-founder of BYJU’S, writes about building a new India on pillars of technology, education and entrepreneurship

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