📺 Stream EntrepreneurTV for Free 📺

Amazon To Shut Down Its Online Learning Platform In India The reports stated that, the winding down comes at a time when multiple edtech firms are reeling under the pressure of schools and coaching centres reopening across India after Covid-19-induced lockdowns

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Amazon Twitter handle

Amazon Inc, on Thursday, has reportedly said that the company would shut down its online learning platform for high-school students in India

"Amazon will discontinue Amazon Academy's operations in a phased manner, starting August 2023, when our existing batch completes its test preparation module. We remain committed to our customers and want to assure them that this decision will have no impact on our services," the company said in a statement.

The reports stated that, the winding down comes at a time when multiple edtech firms are reeling under the pressure of schools and coaching centres reopening across India after Covid-19-induced lockdowns.

The Amazon Academy platform, launched early last year, offered coaching for competitive exams including Joint Entrance Examination (JEE) that allows entry into top engineering colleges across India.

The statement also added that, Amazon Academy customers will have access to full course material online for the extended period of a year (until October 2024). Amazon will also refund the full fee to those enrolled in the current academic batch.

Commenting on the same, an Amazon spokesperson, in BT report, quoted as saying, "At Amazon, we think big, experiment, and invest in new ideas to delight customers. We also continually evaluate the progress and potential of our products and services to deliver customer value, and we regularly make adjustments based on those assessments. Following an assessment, we have made the decision to discontinue Amazon Academy."

According to earlier media reports, India's edtech startups, including BYJU'S, Unacademy, Vedantu, among others have laid off over 7,000 employees until early November.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

James Clear Explains Why the 'Two Minute Rule' Is the Key to Long-Term Habit Building

The hardest step is usually the first one, he says. So make it short.

News and Trends

From Air Taxis To Wide-body Aircraft: IndiGo's Long Hauls Of Many Firsts

The airline has agreed to place an order for 30 Firm A350-900 widebody aircraft, powered by Rolls Royce's Trent XWB engine; recently it also announced to bring in all-electric air taxi service in India

News and Trends

Fashion Startup Lyskraft, FlexiCloud Internet, and AI startup Control One Secure Early-Stage Funding

Here are the Indian startups that announced early-stage funding rounds.

Growing a Business

Your Comprehensive Guide to Becoming an SEO Expert – and Making Money While Doing It

Whether you're looking to earn more money or grow your digital presence, becoming an SEO expert could be a major windfall.

Marketing

5 Steps to Take to Start Your Small Business Blog Today

The first step: Get to know WordPress, up close and personal.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.