K-12 edtech startup DUX Education is closing down operations in April 2023 owing to the prevailing funding crunch in the Indian startup ecosystem.
DUX provides K-12 students with online school curriculum-based classes. The company’s closure is the result of its inability to raise funds, and the startup will continue to operate until March 2023, according to Mint. “We realised six months ago that raising funds had become difficult and we had to manage operations,” said DUX founder Rohit Jain to Inc42. As a result, we made the decision to halt operations. Parents and students rely on us to help them get through the school year, so operations will continue until March 31.”
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