Byju’s losses jump 30 times; device sales boost revenue

Device sales fetched the highest revenues for Byju’s in 2019-20, regulatory filings showed, even as losses at the edtech giant swelled nearly 30 times.
The company, which recently became the most valued startup in India, witnessed around 80% growth in consolidated net sales in FY20 as compared to the previous year.
Sales of tablets and SD cards, usually sold to students as part of the package, accounted for 63% of the business in FY20, compared to 55% in the previous year.

[Via]

Daily.

Tesla ‘driverless’ crash victim had alcohol level exceeding legal limit

Tesla ‘driverless’ crash victim had alcohol level exceeding legal limit.
One of the two victims of a fatal crash involving a Tesla car in Texas had a blood-alcohol level that exceeded the legal driving limit, according to an autopsy report.

[Via]

Daily.

Information technology services major Infosys has announced the launch of Springboard, a digital skilling program for India.
A part of Infosys’ environment, social, and governance goal, Springboard brings a curriculum-rich virtual platform that delivers corporate-grade learning experiences to students from Class 6 to working professionals.
While the Springboard platform is powered by Infosys’ Wingspan ed-tech solution, the courses on it have been developed in collaboration with digital education industry leaders such as Coursera and Learnship.

[Via]

Daily.