Scaler Academy projected $200M in revenue but delivered only a fraction. Class Central’s exclusive analysis reveals another major EdTech deception in India

Udemy lays off 280 staff, representing 20% of its workforce, with plans to relocate half of the affected positions to lower-cost locations.

This year, Duolingo announced a major strategic shift: from monetization to user growth, with a target of 100 million daily active users by the end of 2028. To get there, it needs to grow about 25% year over year, every quarter. In Q2 2026, daily users grew 23%, to 58.7 million, the first time growth has sped up in two years. Duolingo also disclosed a roughly $10 million bonus that pays out if Q4 growth hits 25% or more. Paid subscribers grew by about 200,000 in the quarter, the fewest since 2

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