New Delhi: Manish Maheshwari, former head of Twitter India, who founded Invite Metaversity, an online platform for education and Web3.0, on Friday announced that he is leaving the startup to “purse new opportunities”. Founded six months ago by Maheshwari and Tanay Pratap, Invact Metaversity received $5 million in funding led by Arkam Ventures in February to build a metaverse of education and expand globally.
Maheshwari said, “I am exiting Invoke to take a break for the first few months and then pursue new opportunities. It is heartbreaking for a founder to leave a startup, like a mother abandoning her child. I am going through the same feeling,” Maheshwari said. tweeted.
“I have full faith in @tanaypratap. I would be excited to be the next unicorn for Invat and eventually go on to IPO under his leadership,” he added.
Invoke Metaversity also raised capital from over 70 individual investors such as Balaji Srinivasan (Former CTO of Coinbase and GP at Andreessen Horowitz), Cesar Sengupta (Former Senior Google Executive), Nitin Kamath (Founder, Zerodha), Kunal Bahl (Founder) . Snapdeal), Benjamin Empen (Managing Director of Twitter MENA) and others.
Invact Metaversity said in a tweet that “Manish Maheshwari has resigned from his position as Chief Executive Officer and Director of Invacct, Inc. as of May 27, 2022.”
“The decision to part ways wasn’t easy, but ultimately, @manishm
@tanaypratap had different approaches to the long term prospects of the company. The startup will continue and take forward its vision of making quality education accessible through Metavarsity under Tanay’s leadership.”
Maheshwari previously envisioned creating virtual-first courses and expanding into Europe and the US.
Maheshwari said, “The metaverse is a concept that is at a zenith where it will be a major factor in changing the educational landscape.” Read also: This BSNL prepaid plan offers additional validity of 60 days: Check out benefits and more
Pratap tweeted, “Changes are often heartbreaking but sometimes necessary. We started together, built together and celebrated together. Will continue to pursue our vision of quality education accessible to all Wishing Manish all the best for the future.” Read also: CEOs of Indian firms earn 130 times more than regular employees: Report