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Vidyakul Promotes Akhil Hari Angira to Cofounder and CBO

Akhil Angira
Preeti Bali / 6:54 am / June 21, 2024

 Edtech startup Vidyakul has announced the promotion of Akhil Hari Angira to the position of cofounder and chief business officer (CBO), advancing from his previous role as head of academics and operations. In his expanded role, Angira will oversee the company’s strategic partnerships, spearhead business growth, and enhance revenue generation and profitability. Additionally, he aims to broaden Vidyakul’s reach into underserved regions.

 

Professional Background and Contributions

Akhil Hari Angira, an electronics engineer and lawyer with nearly a decade of experience in IT management and field operations, joined Vidyakul as an intern in 2018. Since then, he has climbed the ranks, holding several leadership roles within the company. Vidyakul reports that under Angira’s leadership, the company’s revenue has grown tenfold while maintaining positive unit economics. He has also championed the empowerment of girls, leading to a 55% representation of female students on Vidyakul’s platform.

 

Angira’s Vision for the Future

Communicating his devotion to the organization’s main goal, Angira expressed, “My responsibility continues as before: Instruction for Bharat’s understudies. Our point is to guarantee admittance to gaining assets and backing understudies from low-pay foundations to scholastically flourish. I’m eager to perceive how this development venture unfurls.”

 

About Vidyakul

Founded in 2017 by Tarun Saini and Raman Garg, Vidyakul offers online learning solutions such as live classes, ebooks, and test series for state board students in classes 9-12 in Uttar Pradesh, Bihar, and Gujarat. The startup claims to provide these services at a nominal fee of INR 300 per month. To date, Vidyakul has raised INR 21 crore in funding and competes with industry giants like PhysicsWallah and Unacademy.

 

Challenges and Opportunities in the Edtech Sector

This declaration comes during a difficult period for the edtech area, which has been fundamentally affected by the ongoing subsidizing dry spell in the Indian startup biological system. Beginning around 2022, various edtech organizations have needed to lay off a great many representatives to oversee costs, prompting significant compensation decreases in the area. Some edtech new companies, including DUX Schooling, have stopped tasks, while BYJU’S, when a lead startup in the Indian biological system, is confronting different difficulties. In the midst of these troubles, K-12 Techno is purportedly in conversations to procure Unacademy.

 

Future Prospects for Indian Edtech

Despite these hurdles, the Indian edtech industry remains attractive to both entrepreneurs and investors. Projections suggest that the market will grow to a size of $29 billion by 2030.

 

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