Finally in April, Yadav removed the artificial oxygen supply, Udayy was shut down, and over 100 employees lost their jobs. Udayy started with maths towards the end of 2019, and rolled out a bunch of engaging games in December. As students started returning to offline modes of learning, parents started to lose interest in ‘extra’ online English classes. Parents started asking for refunds, and the chorus grew.By the end of 2021, the warning bells started ringing louder. Money was never a problem,” says Yadav, adding that continuing a business which could not be monetised looked outrageously ridiculous.

Source: Forbes June 14, 2022 11:40 UTC