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Rewind 2021: “They’re in predatory market,” Congress leader Karti Chidambaram on Edtech Startups

Congress leader and Member of Parliament, Karti P Chidambaram said, “These edtech companies are engaging in predatory market practices. These companies prey upon aspirational poor parents.”

Speaking at the parliament, Karti P Chidambaram said, “Today there are online educational companies, which are worth billions of dollars — some of them worth more than the entire educational budget of India.”

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“These companies offer courses online which are not vetted by anybody, nobody knows the content of these courses, nobody knows the calibre of these courses, and even know one knows the calibre of the tutor who is conducting these courses,” he said.

“These companies are engaging in predatory market practices. These companies prey upon aspirational poor parents. Who want to give their children a better education who are not giving education in government schools,” he said.

“They force them to buy the courses and they auto debit the account. Even if they want to stop the auto debit they can’t.” he further added.

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