Indian foodtech unicorn Zomato has stopped operations in Indonesia after posting a goodbye message on its website. Singapore-based edtech startup BrightCHAMPS has launched a hybrid life-skills learning centre in Vietnam.
Zomato exits Indonesia
India’s Zomato has stopped operations in Indonesia after posting a goodbye message on the company’s Indonesia website, allowing users to still explore the India and the UAE market.
Zomato had shut its premium service in Indonesia in 2020 after the pandemic adversely affected the restaurant business in the country. The company shut down in the Philippines after posting a similar message this month.
The company has been witnessing a series of high-profile exits since last year, reporting a 42% smaller year-on-year net loss for the September quarter. In December, Temasek Holdings bought a 1.14% stake in Zomato, a day after Alipay Singapore Holding Pte offloaded 3.07% of its shares.
Founded in 2008, Zomato is an online restaurant guide and food ordering platform that allows users to order meals from restaurants and have them delivered.
BrightCHAMPS launches in Vietnam
BrightCHAMPS has launched a hybrid life-skills learning centre in Vietnam, supporting the Vietnamese government’s aim to upskill children, reported Financial Express.
The centre will provide offline and online training for coding, robotics, financial literacy, and communications as part of STEM-accredited classes based on a curriculum extensively reviewed by an independent Global Curriculum Advisory Board.
Founded in 2020, BrightCHAMPS is a global live-learning edtech platform for kids aged from 6 to 16. It is present in more than 30 countries, including India, Indonesia, the US, the UAE, and Vietnam, and provides services in more than 12 languages across its four verticals.
