Amazon is shutting down 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.
In January of last year, Amazon launched Amazon Academy in India, when the edtech sector was booming in the country, due to Covid-19 restrictions and country-wide lockdowns including schools and educational institutions.
Amazon Academy’s existing batch will be completing its test preparation module by August 2023, post which the company has decided to shut down operations, Amazon said in a statement on November 24. The company also said that the decision will not have any impact on its existing customers and services.
Amazon will wind up this programme in a phased manner to take care of its existing customers.
"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 said.
Amazon Academy offered coaching for competitive exams including Joint Entrance Examination (JEE) and NEET, which allows entry into top Engineering and Medical colleges across India.
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