Nithin Kamath, Kunal Shah-backed edtech Stoa is winding down

Quick Summary:

Co-founders Raj Kunkolienkar and Aditya Kulkarni posted on social media platform X saying they are closing the doors on Stoa’.

The edtech sector has also seen some M&As over the past year, including ALLEN’s acquisition of Doubtnut and Adda247’s acquisition of Ekagrata Eduserv and PrepInsta.

Meanwhile, Kunkolienkar mentioned he is “taking some time off to rest, think and explore around as a free agent”.

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Article Details

Author / Journalist: Ishan Patra

Category: StartupsEconomyBusiness

Markets: India

Topics: Social Policy Aditya Years Privacy Stoa Edtech Online Post Kunkolienkar Kulkarni

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-12 @ 15:14:42 (23 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 371 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 21 words per sentence (average)

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Copyright Owner: © YourStory

News ID: 23555913

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