Speaking to PTI, Mehrotra also said that digital alone can t meet aspirations of medical and engineering students looking to get into premium institutions, and it is important to address requirement of new learners.
Byju s AESL s CEO Deepak Mehrotra raised concerns about investor-driven behavior in edtech, emphasizing the inadequacy of digital tools for medical and engineering aspirants. He highlighted the need to address new learners requirements and discussed industry challenges and his background.
Speaking to PTI, Mehrotra also said that digital alone can't meet aspirations of medical and engineering students looking to get into premium institutions, and it is important to address requirement of new learners.
Capital pools have diversified amid the broader tech slowdown with large global, crossover and hedge funds mostly staying away from cutting new cheques. Domestic firms and family offices such as those run by Zerodha cofounder Nikhil Kamath, Manipal Group chairman Ranjan Pai, and Premji Invest have backed startups including Subko, Quorum Club, Kites Seniorcare and The Sleep Company.
The new appointment comes months after reports said that Aakash Chaudhry, the promoter of Aakash Educational Services won t be returning as CEO of the coaching company.