Amazon to shut edtech service Academy’s operations in India from Aug 2023

New Delhi,: Amazon on Thursday said it is shuttering its edtech offering called Amazon Academy’s operations in India starting from August 2023, and will refund the full fee to those enrolled in the current academic batch.

The e-commerce behemoth officially launched Academy (previously called JEE Ready), last year.

“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,” a company spokesperson told IANS.

“Following an assessment we have made the decision to discontinue Amazon Academy. We are winding down this programme in a phased manner to take care of current customers,” the spokesperson added.

Amazon Academy’s operations will discontinue starting August 2023, when the existing batch completes its test preparation module.

Customers will have access to full course material online for extended period of an year, until October 2024.

The company said that it remains committed to its customers in the country and the decision will have no impact on its services.

In January last year during the pandemic, the company launched Amazon Academy to help students preparing for the Joint Entrance Examination (JEE) for entrance to engineering colleges.

The online preparation offered practice routines required for the JEE, through curated learning material, live lectures and comprehensive assessments in Math, Physics and Chemistry.

The service enables active learning through live lessons, helping students to strengthen their JEE preparation efforts as they can engage with expert faculty, learn concepts, and clarify doubts in real-time.

Bringing further discipline and rigour to their study methodology, it will offer scheduled lessons, daily practice problems and regular tests, starting with a crash course for the upcoming JEE Main.

-IANS

RBI hikes repo rate by 35bps, to continue battle against inflation

Chennai: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to...

BuzzFeed lays off about 180 employees

New Delhi: Online news portal BuzzFeed, which also owns the Huffington Post and Complex Networks, has laid off at least 180 employees or 12 per cent of its workforce, as media...

World Bank upgrades India’s GDP growth to 6.9% for current fiscal

New Delhi: The World Bank on Tuesday expressed optimism that India's real GDP would grow at 6.9 per cent in the current fiscal, an improvement from its previous projection of 6.5...

After iPhones, Apple now plans to shift some iPad production to India

San Francisco: As Apple plans to shift more iPhone production away from China to India, it is now reportedly looking to also move the production of some iPads to India...

Digital payments in India touch Rs 38.3 lakh cr at over 23 bn transactions

Mumbai: The Unified Payments Interface (UPI), debit and credit cards, prepaid payment instruments like mobile wallets, and prepaid cards logged 23.06 billion transactions amounting Rs 38.3 lakh crore in the third...

Government issues guidelines for PLI scheme on drones

New Delhi: The Ministry of Civil Aviation has issued guidelines for the implementation of the Production Linked Incentive (PLI) scheme to support the indigenous drone industry. These guidelines cover aspects like...

Don’t hike repo rate by more than 25-35 bps: Assocham’s advice to RBI

Chennai: With Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) set to meet to decide on the policy rate revision, industry lobby body Assocham has urged the former for a...

Govt allows sale of electoral bonds through 29 SBI branches from Dec 5-12

New Delhi: The Government on Saturday authorized sale and encashment of electoral bonds through 29 branches of State Bank of India (SBI) across the country between December 5 and December...

RBI’s Monetary Policy Committee may hike policy rate by 25-35 bps: Experts

Chennai: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) may hike the repo rate between 25-35 basis points (bps) in its upcoming meeting, said experts. "We expect a 35...

Indian agrifood startups get record $4.6 bn investment in FY22

New Delhi: Indian agrifood startups received a record $4.6 billion in investment in FY 2021-22, up 119 per cent year-over-year, as the country overtook China as Asia-Pacific's biggest funder of agrifood-tech...

New NDTV board approves Prannoy Roy & Radhika Roy’s resignation as RRPR directors

New Delhi : In a dramatic late night development on Tuesday, the new NDTV board approved the resignations of Prannoy Roy and Radhika Roy as directors of RRPR Holding Private...

Irish regulator fines Meta $276 mn over data leak that also hit Indian users

London: The Data Protection Commission (DPC) in Ireland has fined Meta with $276 million over a data leak that exposed the information of more than 533 million users, including 6.1 million...

Read Previous

India to face Uzbekistan in Men’s World Team Chess semifinal

Read Next

Microsoft adds ‘Portrait mode’ feature to PowerPoint for iPhones

Leave a Reply

Your email address will not be published.

WP2Social Auto Publish Powered By : XYZScripts.com