Ankur Warikoo shares update on shutting down ₹100 crore courses business: ‘The problem is the system’
Entrepreneur and content creator Ankur Warikoo has shared an update after announcing the shutdown of his ₹100 crore courses business. On Friday, Warikoo revealed on X that he was shutting down the venture despite it generating more than ₹100 crore in revenue and ₹25 crore in profits over the last 5 years.Ankur Warikoo said that WebVeda will now provide access to all courses for the price of one course. (Instagram/@ankurwarikoo)“I am shutting down my courses business. After 5 years, 5 lakh students, and ₹100 crore in revenue, all profitable. Completely shutting it down,” he said in a video posted on X. Alongside the clip, he wrote, “I am shutting down my 100 crores courses business. We’ve grown beyond what I could have imagined since we started in 2020. 5 lakh students. 100 crores in sales. 25 crores in profits. But it makes no sense to continue it.”The announcement surprised many social media users, with several questioning why a profitable business with such a large student base would be voluntarily shut down.However, Warikoo has now clarified that the courses business has not ended entirely but has instead been converted into a subscription-based model under WebVeda.(Also Read:
