FrontRow laid off 75% of its workforce, around 130 employees. FrontRow’s business model revolves around having celebrities teaching courses in their respective fields. This is the second large layoff at FrontRow in recent months. Edtech accounted for more than 30% of overall layoffs in the Indian startup ecosystem in 2022. Byju’s announced that it would be firing 2,500 employees on Wednesday. Funding in edtech startups also plummeted from $5.82 billion in 2021 to $2 billion in 2022 till August 15, according to our data tracking platform Fintrackr. This year, Lido, Udayy, SuperLearn and CrejoFun shut their operations. In the past couple of months, there were few sizeable edtech deals such . . .
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