Really unhappy for that: “Edukoya, the Nigerian startup Edtech who once held the promise of revolutionizing online learning in Africa, has officially closed, marking a significant blow for the country’s digital education sector. The closure comes only four years after the startup obtained $ 3.5 million in pre -Grève funding – the largest in Africa at the time. »»
Like Chegg and others, free chatpt, Gemini and other Genais make things difficult for Edtech companies. Yes, if students can get a Chatppt to solve the equations and learn, why do they subscribe to your platform?
According to recent reports, Chegg has lost around 21% of its user base, which represents a drop of approximately 3.6 million subscribers from one year to the next, mainly attributed to competition from the research results fueled by AI as the previews of the Google AI.
Do not forget my note: by 2028, a large number of African digital startups will become obsolete or obsolete if they do not evolve. Many Edtech companies collapse around the world, because what was a premium product is now merchant by chatbots and AI systems.
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Four years after the collection of $ 3.5 million, the Nigerian startup Edtech Edukoya stops, cites the challenges of the market
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