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Edtech startup DUX Education to shut down due to funding crunch
short by Mansi Agarwal / on Wednesday, 1 March, 2023
Bengaluru-based edtech startup DUX Education will shut down in April after facing difficulty in raising funds amid the ongoing funding crunch in the startup ecosystem. "We realised six months back that raising funds has become difficult, and we had to manage operations. As such, we took the call to cease operations," CEO Rohit Jain said. DUX was founded in 2020.
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