Aditi Avasthi

Last updated

Aditi Avasthi
Born (1981-12-10) 10 December 1981 (age 41)
Ludhiana, Punjab, India
NationalityIndian
Alma mater Thapar University ,University of Chicago
OccupationEntrepreneur
Notable workEmbibe

Aditi Avasthi is an Indian entrepreneur who founded and is CEO of Embibe, an artificial intelligence educational technology platform, based in Bangalore. She has been the recipient of many awards including being selected as a Young Global Leader with the World Economic Forum in 2021. She was also ranked among BBC's top 100 Women in 2017. [1] In 2018, she was chosen the 'Woman Of The Year’ by Vogue in 2018. [2]

Contents

Early life and education

Avasthi was born in Ludhiana, Punjab, India on 10 December 1981. She is the daughter of Arun Kumar and Veena Avasthi. She had studied in multiple schools in India.

Avasthi received a bachelor's degree in engineering from Thapar University in 2003, and received her MBA in finance and marketing from the University of Chicago Booth School of Business in 2010.

Career

Following her schooling in India, Aditi started her career at Tata Consultancy Services where she collaborated in the growth of new business initiatives in the UK. While at Tata Consultancy Services, she won AIMA Young Leaders project, although her nomination for the award was initially rejected as she was too young. [3]

After her MBA, she joined Barclays as Deputy Chief of Product and Strategy Head for their mobile banking division in Africa. Later moving to Delaware, USA, in the year 2012, she worked at Barclaycard as the Director of Corporate Development in Mobile Commerce Business for an year. At Barclays, Avasthi contributed to overall mobile business strategy, and also led the design of the business cases on the monetization of mobile commerce. [4]

In 2012, she founded Embibe, with $700,000 funding gathered from angel investors, and she received further investments from Kalaari Capital and Lightbox Ventures during the following year. [5] which is a personalized engine for education based on a knowledge graph that connects all grades' curriculum and learning context together, so students can achieve their targeted learning outcomes. The platform also provides services based on the Joint Entrance Examination – Advanced. [6] Later she conducted a successful corporate round with Reliance Industries in 2018. In April 2018, Reliance Industries Limited announced an investment of $180 million in Embibe. [7]

Avasthi commented on her business, "Running my own business and being able to breathe life into my vision of disrupting the education system using data science and technology makes me more determined to achieve my goals. Patience, persistence and being able to multi-task come naturally to me as well as most women so that is a big advantage when starting from scratch." [8]

Awards

Related Research Articles

<span class="mw-page-title-main">Reliance Industries</span> Indian multinational conglomerate

Reliance Industries Limited is an Indian multinational conglomerate, headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation and revenue, and the 100th largest company worldwide. It is India's largest private tax payer and largest exporter, accounting for 7% of India's total merchandise exports.

<span class="mw-page-title-main">Zia Mody</span>

Zia Mody is an Indian corporate lawyer and businesswoman. Zia is the daughter of Soli Sorabjee, a former Attorney General of India.

<span class="mw-page-title-main">Marissa Mayer</span> American business executive and engineer, former CEO of Yahoo!

Marissa Ann Mayer is an American business executive and investor who served as president and chief executive officer of Yahoo! from 2012 to 2017. She was a long-time executive, usability leader and key spokesperson for Google. Mayer later co-founded Sunshine, a startup technology company.

<span class="mw-page-title-main">Roshni Nadar</span> Indian businesswoman

Roshni Nadar Malhotra is an Indian billionaire businesswoman and the chairperson of HCL Technologies. She is the first woman to lead a listed IT company in India. She is the only child of HCL founder and billionaire businessman Shiv Nadar. In 2019, she is ranked 54th on the Forbes World's 100 Most Powerful Women list. According to IIFL Wealth Hurun India Rich List (2019), she is the richest woman in India. In 2020, she is ranked 55th on the Forbes World's 100 Most Powerful Women. She is also the CEO of HCL Corporation, the holding company of all HCL Group entities.

InMobi is an Indian multinational mobile advertising technology company, based in Bengaluru. Its mobile-first platform allows brands, developers and publishers to engage consumers through contextual mobile advertising.

<span class="mw-page-title-main">Infibeam</span> Indian financial technology company

Infibeam Avenues Limited is an Indian payment infrastructure and software as a service (SaaS) fintech company that provides digital payment services, eCommerce platforms, digital lending, data cloud storage and omnichannel enterprise software to businesses across industries in India and globally.

<span class="mw-page-title-main">Shunee Yee</span>

Shunee Yee Ms. Shunee Yee is the President and CEO of CSOFT International and CSOFT Health Sciences. Responsible for its organic growth from a start-up in a two-bedroom apartment, to becoming an industry leader, Yee oversees CSOFT’s operations across 3 continents.

<span class="mw-page-title-main">Trishneet Arora</span> Indian entrepreneur

Trishneet Arora was born on 2 November 1993 in Ludhiana, Punjab, India. He is the founder and chief executive officer of TAC Security, a cyber security company. He was named in Forbes 30 Under 30 2018 Asia list and Fortune India 40 Under 40 2019 List of India's Brightest Business Minds.

Priyanka Gill is an Indian entrepreneur and angel investor currently based in London, UK. She is the founder and CEO of POPxo, a digital community platform for millennial women launched in 2014 and merged with MyGlamm in 2020. She currently serves as the co-founder of the Good Glamm Group. In 2019 Gill was named onto Businessworld 40 Under 40 List.

Aditi Gupta is an Indian author and co-founder of Menstrupedia Comic. She and her husband, both National Institute of Design Alumni, co-founded Menstrupedia Comic in 2012. In 2014, she was named in the Forbes India 30 Under 30 2014 list.

PhonePe is an Indian digital payments and financial services company headquartered in Bengaluru, Karnataka, India. PhonePe was founded in December 2015, by Sameer Nigam, Rahul Chari and Burzin Engineer. The PhonePe app, based on the Unified Payments Interface (UPI), went live in August 2016.

Byju's is an Indian multinational educational technology company, headquartered in Bangalore, Karnataka, India. It was founded in 2011 by Byju Raveendran and Divya Gokulnath. As of June 2023, Byju's was valued at $5.1 billion. As of April 2023, the company claims to have over 150 million registered students.

Katrina Lake is an American businesswoman who is the Founder and interim CEO of Stitch Fix, a fashion-based subscription service. Stitch Fix was established in 2011 in San Francisco and went public in 2017. In 2017, Lake became the youngest woman to take a company public at age 34 and was the only woman in 2017 to lead an initial public offering in technology. She was surpassed by Whitney Wolfe Herd in 2021, who took Bumble public at age 31.

Carol Elizabeth Reiley is an American business executive, computer scientist, and model. She is a pioneer in teleoperated and autonomous robot systems in surgery, space exploration, disaster rescue, and self-driving cars. Reiley has worked at Intuitive Surgical, Lockheed Martin, and General Electric. She co-founded, invested in, and was president of Drive.ai, and is now CEO of a healthcare startup, a creative advisor for the San Francisco Symphony, and a brand ambassador for Guerlain Cosmetics. She is a published children's book author, the first female engineer on the cover of MAKE magazine, and is ranked by Forbes, Inc, and Quartz as a leading entrepreneur and influential scientist.

<span class="mw-page-title-main">Vineet Bajpai</span> Indian entrepreneur and author

Vineet Bajpai is an Indian entrepreneur and author. He is the Founder and CEO of Talentrack, an online platform for hiring and talent crowd sourcing for the media and entertainment sector. He is also the Founder and CEO of Magnon\TBWA, Magnon eg+ and Magnon Sancus. Magnon is part of the Fortune 500 Omnicom Group. In April 2020, Magnon was ranked as India's Fastest-Growing Digital Agency by Agency Reporter magazine. Bajpai is the author of eight books: Build From Scratch, The Street to the Highway, The 30 Something CEO, Harappa: Curse of the Blood River, Pralay: The Great Deluge, Kashi: Secret of the Black Temple, Mastaan: The Fallen Patriot of Delhi and 1857: The Sword of Mastaan. His ninth book Delhi: City of the Blood Gates is to be released soon.

Kim Reed Perell is an American serial entrepreneur, business executive, speaker, author and startup mentor, based in Miami, Florida.

<span class="mw-page-title-main">Divya Gokulnath</span> Co-founder and Director of BYJUs

Divya Gokulnath is an Indian entrepreneur and educator who is the co-founder and director of Byju's, an educational technology company founded in 2012 in Bangalore, India.

<span class="mw-page-title-main">Manish Maheshwari</span> Indian Entrepreneur

Manish Maheshwari is an Indian technology entrepreneur and executive. His technology ventures have focused on building solutions that improve the lives of the masses in emerging markets. He is Co-Founder of Fanory, a creator monetization platform, with majority investment from JetSynthesys and backed by the family offices of cricketing legend, Sachin Tendulkar, Serum Institute's Adar Poonawalla and Infosys co-founder, Kris Gopalakrishnan.

Unacademy is an Indian Multinational educational technology company that provides online educational platform with its headquarters in Bangalore, Karnataka. It prepares students for various competitive exams, as well as provides content on foundational (K-12) and skill building courses.

Vineeta Singh is an Indian entrepreneur and CEO and co-founder of Sugar Cosmetics. She has been a shark on the business reality TV show Shark Tank India since the show started airing on SonyLIV in 2021.

References

  1. ↑ "Mithali Raj named in BBC's 100 most influential women list of 2017". Hindustan Times. 27 September 2017. Retrieved 20 January 2020.
  2. ↑ "Vogue Women Of The Year 2018 Winners - Kareena Kapoor, Alia Bhatt". Vogue India. Retrieved 20 January 2020.
  3. ↑ Dasgupta, Brinda (5 January 2016). "First Year at Work: Reach out and grab opportunities says, Aditi Avasthi, CEO & Founder of Embibe". The Economic Times. Retrieved 22 November 2017.
  4. ↑ Saraswathy, M (14 July 2014). "'Embibe' performance improvement". Business Standard. Retrieved 22 November 2017.
  5. ↑ Srivastava, Samar (5 October 2015). "Embibe: A teacher's pet tool". Forbes India. Retrieved 22 November 2017.
  6. ↑ Jain, Samiksha (4 March 2016). "They Came, They Saw, They Conquered: 4 Women Who Chose unconventional Fields & Excelled". Enrepreneur India. Retrieved 22 November 2017.
  7. ↑ Bureau, BW Online. "Embibe Transformed into Largest AI Edtech Platform with 180M from Reliance". BW Disrupt. Retrieved 21 February 2019.
  8. ↑ "Gender bias or not there's no stopping for Indian's female startup brigade". The Economic Times. 22 November 2015. Retrieved 22 November 2017.
  9. ↑ "Aditi Avasthi - India's Young & Brightest Entrepreneurs in 40 Under 40 2015 - Fortune India". www.fortuneindia.com. Retrieved 12 February 2019.
  10. ↑ Kh, Tara; elwal (19 November 2016). "Meet The Digital Women Awards 'Disruptor' Winners". SheThePeople TV. Retrieved 12 February 2019.
  11. ↑ "BBC 100 Women: Who is on the list?". 1 November 2017. Retrieved 12 February 2019.
  12. ↑ Bureau, BW Online. "Embibe Transformed into Largest AI Edtech Platform with 180M from Reliance". BW Disrupt. Retrieved 12 February 2019.
  13. ↑ "Aditi Avasthi's Embibe combines AI and education in a revolutionary way". VOGUE India. 10 November 2018. Archived from the original on 13 February 2019. Retrieved 12 February 2019.
This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.