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Nithin Kamath, Kunal Shah-backed edtech Stoa is winding down
- Nithin Kamath and Kunal Shah-backed edtech startup Stoa is winding down after 4 years of operations.
- The decline in interest for online live-learning post-pandemic led to the decision to close operations.
- Stoa offered an alternative MBA program and competed with other edtech startups.
- The founders of Stoa will explore new opportunities while the edtech industry faces adjustments.
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