Amazon Launches academy For NEET and JEE preparation
January 13th, 2021
myquestionbox news desk
Amazon has launched an online academy to train students in India for JEE and NEET entrance exams. The online preparation material includes video lectures, live classes, doubt solving, all India test series and more.
All the content on the platform is currently free, however Amazon is known to monetize using various other methods, and students may end up paying more in longer term.
With Amazon launching the new product, market was abuzz with excitement, which however was short lived. There was nothing new in terms of offering, and what amazon academy offers is already available from many providers.
Online education market in India is lucrative, and is expected to reach more than $ 4 Billion by 2022. That probably was the reason for amazon to also launch its own version, and try to capitalize.
Large players are known to overcharge students, with classes costing a huge money. The sector also attracted large amounts of investments, over $ 1.5 Billion in 2020, with Byju’s taking majority of this capital.