Coaching classes made them millionaires; now, they're turning entrepreneurs
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Teachers who once earned big paycheques are now starting their own businesses in India’s test-prep market.
- ✓Rakesh Goyal and Tejendra Singh launched OziTutors in February, while Chaandeep K.
- ✓Singhal started Arke Scholars.
Story at a Glance
- Category
- MARKET
- Reported By
- mint
- Reading Speed
- 12 Minute(s)
- Market Focus
- India Economy
Summary
Armed with wealth, reputation and a loyal student following, a few teachers who once commanded giant paycheques are embracing entrepreneurship and taking on established names in India's $14.8 billion-plus test-prep market. Can they succeed?
Mumbai: Rakesh Goyal, a 35-year-old mathematics teacher originally from Dabla, a small village in Rajasthan, could easily have built a career overseas as a researcher. After graduating from the Indian Institute of Technology, Patna, Goyal went to Washington State University in 2013, and was set for a well-paying career as an electrical and computer engineering researcher. Instead, he chose to return to India to pursue what he described as his real calling: teaching.
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