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Edtech startup entrepreneur arrested for defrauding students to the tune of Rs 18 crore – Dazeinfo

Edtech startup entrepreneur arrested for defrauding students to the tune of Rs 18 crore – Dazeinfo

 

The rise of EdTech startups in India is primarily driven by the increasing demand for online education and upskilling opportunities. However, amidst this educational transformation, the edtech sector has also witnessed a concerning rise in fraudulent activities. One such incident has taken place in Bengaluru, where an ed-tech startup entrepreneur is arrested for allegedly defrauding thousands of students.The CEO of GeekLurn, an edtech startup that offers online data science courses, has been arrested on charges of defrauding students by making false promises of securing educational loans for them and misappropriating the sanctioned funds. The scam reportedly affected nearly 2,000 students, resulting… 

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