There seems to be no end to the troubles of the edtech sector in the country as Delhi-based edtech startup Harappa Education has laid off around 73 employees, or almost 40% of its workforce.
According to sources, the layoffs were announced in the last week of December, with employees being asked to resign via messages and phone calls without any further explanation or official letter. According to a source, this was the first round of layoffs at the edtech startup, and more employees are likely to lose their jobs in the coming days. In July of last year, Ronnie Screwvala’s upGrad paid $38 million for Harappa Education.
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There seems to be no end to the troubles of the edtech sector in the country as Delhi-based edtech startup Harappa Education has laid off around 73 employees, or almost 40% of its workforce.
According to sources, the layoffs were announced in the last week of December, with employees being asked to resign via messages and phone calls without any further explanation or official letter. According to a source, this was the first round of layoffs at the edtech startup, and more employees are likely to lose their jobs in the coming days. In July of last year, Ronnie Screwvala’s upGrad paid $38 million for Harappa Education.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
StartupNews.fyi is a leading global startup and technology media platform known for its end-to-end coverage of the startup ecosystem across India and key international markets. Launched with the vision of becoming a single gateway for founders, investors, and ecosystem enablers, StartupNews.fyi has grown steadily over the years by publishing tens of thousands of verified news stories, insights, and ecosystem updates, reaching millions of startup enthusiasts every month through its digital platforms and communities.
