Ep #5 | EdTech What’s Broken, What’s Next? With Nikhil, Ronnie Screwvala , Gaurav Munjal & Jay Kotak

ℹ️ EPISODE INFO

Released

June 11, 2023

Duration

2h 7m

Channel

Nikhil Kamath

Watch on YouTube

▶ Open ↗

📝 EPISODE DESCRIPTION

Get ready for a gripping episode all about the EdTech revolution... We've got Gaurav and Ronnie, the masterminds behind EdTech, joining forces with Jay, who went to the best colleges, and Nikhil, who went against the college tide. Don't miss out on this discussion, where we'll uncover the magic of personalized learning, gamification, and supercharged teachers reshaping the education scene. P.S.: This episode brings you four diverse contrarian perspectives on EdTech in India that'll leave you wanting more! Nikhil Kamath - Co-founder of Zerodha, True Beacon and Gruhas Follow Nikhil here:- Twitter https://twitter.com/nikhilkamathcio/ Instagram https://www.instagram.com/nikhilkamathcio/ Facebook https://www.facebook.com/nikhilkamathcio/ Linkedin https://www.linkedin.com/in/nikhilkamathcio/ Koo https://www.kooapp.com/profile/Nikhilkamath Ronnie Screwvala Chairperson & Co-Founder - UpGrad - Building Careers of Tomorrow Follow Ronnie here:- Twitter https://twitter.com/RonnieScrewvala Instagram https://www.instagram.com/ronnie.screwvala Facebook https://www.facebook.com/RonnieScrewvala/ Linkedin https://www.linkedin.com/in/ronnie-screwvala Gaurav Munjal- Co-Founder and CEO at Unacademy Youtube @unacademy Twitter https://twitter.com/gauravmunjal Instagram instagram.com/gauravmunjal Linkedin https://www.linkedin.com/in/gauravmunjal8/ Facebook https://www.facebook.com/gauravmunjal.blog/ Jay Kotak - Co-Head at Kotak811 Follow Jay here:- Twitter https://twitter.com/jay_kotakone Instagram https://www.instagram.com/jay_kotakone Linked in https://www.linkedin.com/in/jayukotak #edtech #unacademy #nikhilkamath #education #educational #technology #iit #iim #jee #neet #sslc #icse #ai #podcast #upgrad #ronniescrewvala TIMESTAMPS 00:00 Intro 01:07 Bill Gates Windows, Gaurav Munjal Doors 04:46 Genesis of Unacademy 09:25 Ronni's entrepreneurial beginnings in a time of no Angel and VC funding 11:50 UTV 13:37 Funding, Movies and Building a B2C Business 16:00 The 30 X business model 19:30 What is Ronnie up to today? 20:25 Owning sports teams in India 22:00 Cost of owning a sports team 23:10 Jay Kotak’s Journey and him feeling older 25:55 Staying in the United States or coming back to India 27:56 Soft Power Vs Patriotism 29:41 Cricket vs. Other Sports 31:20 Imposter Complex and Balance in Entrepreneurship 37:20 Jay’s serendipitous love story 41:31 Ronnie taking a compliment and Gaurav’s drive 45:32 What does it mean to be a unicorn today - Unacademy’s scaling story! 48:40 Why did Nikhil call Jay, Ronnie and Gaurav 50:35 What is Jay building at Kotak811 53:40 How did Nikhil and Jay meet? Kotak's future 56:50 How many children in India go to private schools? 59:55 What does UpGrad do? 1:01:11 Unacademys Tournament Business and some Teachers getting paid a million $! 1:04:22 Syllabus vs Teachers 1:05:34 Ivy League vs Ed Tech 1:13:55 Roblox and gamification 1:16:06 Making Education Addictive 1:19:08 State of the Current Education System and the Future 1:21:55 Are exams and qualifications the only way to get a job? 1:25:30 How to measure talent today? 1:28:55 Why do People get degrees? Does it help prepare you for a job? 1:32:57 Why do we actually learn 1:35:30 Predicting the Future of Education, Jobs & Climate Change 1:41:50 Summary 1:42:10 Ed Tech Founders Share Insights of the Industry 1:45:35 Boot strapped Vs Funded Ventures & Physicswallah 01:48:45 TCS on LRS 1:53:00 Current State of Indian Start-Up Eco-System? 1:57:40 Learnings from their journey 2:07:35 Outro

🎤 SPEAKERS

• Gaurav Munjal

  guest

• Nikhil Kamath

  host

• Ronnie Screwvala

  guest

• Jay Kotak

  guest

🧾 EPISODE SUMMARY

In this episode of Nikhil Kamath, featuring Gaurav Munjal and Nikhil Kamath, Ep #5 | EdTech What’s Broken, What’s Next? With Nikhil, Ronnie Screwvala , Gaurav Munjal & Jay Kotak explores EdTech’s next era: motivation, access, and learning beyond credentials Nikhil Kamath hosts Ronnie Screwvala (UpGrad), Gaurav Munjal (Unacademy), and Jay Kotak (Kotak811) to explore education’s purpose, edtech business models, and what real learning should optimize for.

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