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India edtech startups: Apart from layoffs, hiring down by 28% since April 2022

Oct 23, 2023

The recent downturn in the capital markets has impacted the growth of Indian EdTech startups. Of the 33 VC funded EdTech startups in India, 80% of them have had a slump in their job postings. On an average, job postings are down by 28% over the last one month.

The list below shows the decline/growth in job postings across all the VC funded EdTech startups in India.

Among the above, only the following 2 startups have ramped up their hiring over the last one month

  1. Testbook.com - Online preparation for government exams

  2. Disprz - Skill development courses for workforce

After a recent round of layoffs, Vendantu has almost stopped hiring. Other large players like Upgrad, Unacademy, Scaler and Byjus have slowed down in terms of hiring.

About the data: The data is sourced from Crustdata’s Job Listing dataset which tracks the job listings of private and public companies in India and SE Asia. Crustdata tracks 100,000+ public and private companies in India and SE Asia across 15 curated datasets.

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