Adding another bad news to the country’s struggling edtech sector, now Poland-based edtech startup Brainly has partially shut down its Indian operations and fired nearly all of its team in the country.
According to the Corporate Chat India Twitter account, which cited an Indian employee's plight, Brainly CEO Micha Borkowski received a phone call and announced layoffs and the shutdown of operations in the country. According to the company, the Polish edtech has laid off 25 employees out of a total of 35. To focus on growing the community and making Brainly free to use, the company has laid off employees working in the paid plans segment. More than 7,000 employees will have been laid off by edtech startups by 2022.