ETtech Top 5: Unocoin layoffs, Live streaming edtech classes & more - ETtech
15 April 2019 9:00 PM GMT
A closer look at today's biggest tech and startup news and why they matter.
- Vedantu says it reached a milestone of 1 million live learning hours on its platform in December.
- This move mirrors trends in China, where several billion-dollar startups including VIPKid and Yuanfudao use live learning as a medium to democratize education.
- Cryptocurrency trading platform Unocoin has let go half of its remaining employees, in a bid to conserve cash after talks to raise another round of funding failed to take off.
- The development also comes at a time when several other cryptocurrency exchanges have moved out of the country or wound up operations, after the Reserve Bank of India prohibited Indian banks from crypto-related trading last year.
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