Bytedance, Tiktok’s Owner, Closes Edtech Business In India

ByteDance, TikTok’s owner, closes edtech business in India

New Delhi 22 November : .China-based ByteDance is closing its Indian edtech company, according to media reports.
ByteDance is now the operator of the education app Snapsolve in India and the music streaming service Resso in Pakistan, following the ban on TikTok’s use last year.

 Bytedance, Tiktok’s Owner, Closes Edtech Business In India-TeluguStop.com

TechCrunch reports that “ByteDance” is closing down India’s edtech company.

According to the report, “most of the employees are being fired, if they all,” one source said.He added that the edtech department employed more than three dozen Indians.

ByteDance had yet to respond to the report.

SnapSolve claims that it’s “the preferred choice for over 1,000,000 Indian students to learn and doubt-solve.” It is available for students in classes 6-12.

SnapSolve provides instant answers to science, math and physics questions, as well as NCERT book queries.Snapsolve, which is similar to Vedantu and Byju’s as well as Quesgo and Doubtnut are free learning apps that focus on creating your own learning experience.” Google Play Store description.

Indian online education technology is growing rapidly, and several platforms have received significant funding.

The Indian government has banned many apps created by Chinese companies, including TikTok in 2020.

This was due to concerns about the apps’ potential threats to national security.

This year, reports surfaced that ByteDance had begun selling AI technology for the video-making app to companies in India.

According to a Financial Times report, the company had created a division named BytePlus.It is currently selling TikTokAI to businesses like GamesApp in India, US fashion site Goat, WeGo travel website, and Chilibeli Indonesian shopping app.

na/svn/bg #ByteDance #TikToks #edtech #India #Delhi

Disclaimer : TeluguStop.com Editorial Team not involved in creation of this article & holds no responsibility for its content..This Article is Provided by IANS, Please contact IANS if any issues in Article .


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