TikTok’s parent company ByteDance is bringing the curtains down on its edtech biz in India, according to unconfirmed media reports. ByteDance continued to operate its education learning app Snapslove despite Indian government imposing blanket ban on its popular short video app TikTok.
ByteDance has so far not made any official comment on this.
The report further claims that ByteDance has asked most of its employees working in the education unit to voluntarily step down. Additionally, the Chinese company was seriously mulling to integrate the Indian edtech team with its European edtech team. However, this plan seems to have fallen through.
Although Techpluto could not ascertain the exact employee counts, it is believed that dozens of employees worked in ByteDance’s education unit.
However, the Chinese company has always preferred to keep its educational vertical a low key affair. It has already downsized its presence in India following regulatory crackdown on TikTok last year. Now the closure of its educational unit will further cut down the Indian presence of the Chinese tech giant.
SnapSolve competed with many edtech startups including Gurgaon based Doubtnut. Both companies strived to solve K-12 student’s math problems through interactive methods. Doubtnut counts Sequoia Capital James Murdoch’s Lupa Systems.