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Ep #5 | WTF Is Ed-Tech | What’s Broken, What’s Next? With Nikhil, Ronnie, Gaurav and Jay
WTF is with Nikhil Kamath
The Unacademy Business
Unacademy is not in the education business. We think we are in this tournament business, he says. For almost everyone who comes to 11 standard or 10 standard, the only way to change their socio-economic status is by getting selected into these examinations. So one of the things that an academy now does is, and some of our teachers have paid a million US dollars, we got the best quota in Jaipur teachers. They would start teaching and 10,000 or 20,000 people would... Oh, okay. That's why he started by saying venture capital.
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