Amazon.com Inc said on Thursday it would shut down its online learning platform for high-school students in India less than two years of its launch, without citing a reason.
The Amazon Academy platform, launched early last year amid a boom in virtual learning during the COVID-19 pandemic, offered coaching for competitive exams including Joint Entrance Examination (JEE), which allows entry into top engineering colleges across India.
Based on an assessment, the ecommerce giant said in a statement that it had made the decision to discontinue Amazon Academy “in a phased manner to take care of current customers”.
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.
Last month, industry leader Byju’s had said it would lay off 2,500 employees as it pushes to turn profitable.
