Edtech startup Udayy shuts down; to return about $8.5 Mn to investors
Image Credit: entracker
Gurugram-based edtech startup Udayy shut down its operations in April, three years after its inception in 2019. As per startup’s cofounder and CEO Saumya Yadav, Udayy was a pandemic baby and had not witnessed the world without the pandemic before. While it was doing well during the peak months of the pandemic, its business slowed down after the schools started reopening.