Bluelearn to shut operations, returns 70% of money to investors

Bluelearn has announced shutting down its operations just after over three years of launching the startup, citing it tough to grow fast. The startup also said it will return 70% of the capital it raised to its investors. This development comes over a year after Bluelearn raised $3.5 Mn in a seed funding round led by Elevation Capital and Lightspeed.