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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
In a rare move, the founders returned 70% of the company’s capital to investors.
Bengaluru-based edtech startup Bluelearn has decided to cease all operations and return a significant chunk of its capital to investors because of its inability to scale up and build a venture-scale business. The announcement was posted on LinkedIn by co-founder Harish Uthayakumar on Sunday.
Founded in 2021 by Birla Institute of Technology & Science (BITS) Goa alumni Shreyans Sancheti and Harish Uthayakumar, the startup—formerly known as Clinify—began as a Telegram group with 10,000 members. It later grew into a bigger Discord (an instant messaging and voice-over-internet protocol social platform) channel and then into a comprehensive student platform that raised $3.5 …
Store expansion, premiumisation and a growing customer base are driving its beauty business. Fashion, meanwhile, is showing improvement but still lacks a clear differentiator.
Amid an increasing demand for higher education in the Middle East, local universities seem keen to show their mettle.
The contrasting approaches are driven by two very different strategies. One wants to capture more markets; the other is focused on discipline and profits.
