Ankur Warikoo Shuts Down ₹100 Crore Online Course Business Amid AI Shift
Ankur Warikoo’s Viral Rs 100 Crore Business Shutdown Announcement Shocks Internet: 'It Makes No Sense To Continue'
News 18
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Ankur Warikoo, a prominent Indian entrepreneur and content creator, has announced the closure of his successful online courses business, WebVeda, which generated ₹100 crore in sales and ₹25 crore in profits. Despite its profitability, Warikoo stated that continuing the business 'makes no sense anymore,' hinting at the impact of AI on the education sector.
- 01Warikoo's platform served 5 lakh students and generated ₹100 crore in sales since its launch in 2020.
- 02He plans to share more about his decision and future plans in a live session scheduled for May 16, 2026.
- 03The announcement has sparked mixed reactions, with some expressing admiration and others skepticism about the closure.
- 04Warikoo's response to speculation about AI's role in the decision was simply 'huge.'
- 05He has invited his followers to join a live session for updates on the future of his initiatives.
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Ankur Warikoo, a well-known entrepreneur and content creator in India, has taken the surprising step of shutting down his online courses business, WebVeda, which had achieved remarkable success since its inception in 2020. The platform, which served 500,000 students and generated ₹100 crore (approximately $12 million USD) in sales, along with ₹25 crore (around $3 million USD) in profits, was deemed no longer viable by Warikoo. In a video posted on May 15, 2026, he stated, 'It makes no sense to continue,' despite the business's profitability. This announcement has led to a flurry of reactions on social media, ranging from admiration to skepticism. Some users speculated that the rise of artificial intelligence in education played a significant role in his decision, a notion Warikoo confirmed with a simple 'huge' in response to inquiries. He plans to reveal more about his future plans in a live session scheduled for May 16, 2026, inviting followers to join him for updates. Warikoo, known for his relatable content on personal finance and entrepreneurship, has built a substantial following across multiple platforms, challenging traditional narratives of success.
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The closure of Warikoo's business may impact the educational landscape, particularly for students who recently enrolled in his courses.
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