We raised $880 million because India has 300 million students and most of them cannot afford coaching centers. The opportunity is real, even if the path is bumpy.
I cleared the UPSC exam at 22 and became an IAS officer. Then I quit to teach on YouTube. Everyone thought I was crazy. Now millions of students learn from me daily.
The Indian edtech correction was brutal but necessary. The companies that survive will be the ones focused on outcomes, not just user counts.
COVID made every Indian student an online learner overnight. When it ended, half of them went back to physical coaching. We had to adapt.
We laid off 1,500 people. It was the hardest decision of my life. But a company that does not survive cannot help any students at all.
Our top educators earn more than most corporate executives. If you want the best teachers, you have to pay them like they are the best.