This comes at a time when the number of student suicides is on the rise with many wilting under pressure amid cutthroat competition and exam pressure.
Maheshwari will help build Allen’s digital and technology teams in Bengaluru creating digital-first products for enhancing delivery of outcome-based learning to students, the company said
The total number of IIT aspirants this year is expected to top 22 lakh. But, with only 16,000 seats available across India’s 23 IITs, competition for every seat is intense. And since Kota churns out a large number of successful IIT aspirants every year, demand for the town’s classes and teachers has jumped post the pandemic.
More than 40 educators who had quit to join Unacademy were sent notices by Allen, asking them to appear before an internal committee to review the "breach of the agreement", sources have told Moneycontrol
The company's move into the online space comes at a time when edtech firms such as Unacademy and Byju's are going the opposite way by launching physical centres as competition grows in the offline space
Maheshwari’s comments come at a time when SoftBank-backed edtech unicorn Unacademy is opening its offline centre in Kota. In May, Unacademy had announced its forays into offline tuition centres.