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Alternative MBA Startup Stoa Shuts Operations

  • Bengaluru-based alternative MBA startup, Stoa, has announced the shutdown of its operations after four years.
  • The decision was made due to a decline in online learning after the pandemic and the startup's reluctance to go offline.
  • Stoa had earlier launched an AI-based enterprise agent platform called Zeus but its current status is uncertain.
  • The startup had reported revenue of INR 15.9 Cr in FY23 and had raised $1.5 Mn in seed funding.

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