Another edtech bites the dust alongside Eduvanz (my ex co)

27mo ago
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PrancingDonut
PrancingDonut
Arm27mo

Is eduvanz the one where one founder quit cuz he wanted to make it a VR learning company?

GoofyPanda
GoofyPanda

Not sure which founder or which Eduvanz you're referring to....Varun and raheel are still there..in the co..and business is working as usual

ZestyPenguin
ZestyPenguin
Keka27mo

No, I guess you are referring to Invact.

CosmicLlama
CosmicLlama

I feel sorry for the people. Imagine being so desperate that you go broke trying to come out of poverty. Lot of people will say karma will get back. But no its doesnt. The founders and imvestors will have fun whereas the common man will sink into oblivion.

DizzyLlama
DizzyLlama
Atlys27mo

True

FloatingPickle
FloatingPickle

Skill lync - another darling of YC in recent years! Had briefly interacted with their team. Came away with red flags! And yeah, they pushed people to EMIs not because their product was expensive, but because it guaranteed payment as opposed to subscriptions.

GoofyPanda
GoofyPanda

They approached my current nbfc too...we rejected them cuz they wanted an assisted loan journey where the institute could fill in the loan details...

DizzyLlama
DizzyLlama
Atlys27mo

What happens to Crio.do now? Since skilllync acquired Crio last year

SqueakyWalrus
SqueakyWalrus

What happened to Eduvanz ? Is it still alive or fcuked up ?

I joined a bootcamp under a financial support plan provided by eduvanz. Like their interest rate was very unbelievable (just like how they claim on their website). Like literally 3% at max on my bootcamp fees.
I haven't been able to pay back as I haven't got a full-time job yet.

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