Metaversity is already in trouble

Former Twitter India chief Manish Maheshwari’s virtual reality college just cancelled its first course amid a founders’ rift.

Invact Metaversity—billed as a “metaverse” university—was all scheduled to go live last week. And its first cohort of 60 students was waiting with bated breath. 

The edtech startup, based in Bengaluru and San Francisco, was founded in December last year by former Twitter India head Manish Maheshwari and former Microsoft engineer Tanay Pratap. Invact offered a four-month “metaMBA” in a virtual reality environment meant to replicate classrooms, libraries, playgrounds, cafeterias and even hallways. The startup raised about $5 million from venture capital funds including Antler India and Arkam Ventures, as well from prominent individual investors such as Kishore Biyani and …

Author

Akanksha Sarma

Akanksha is a former writer at The Morning Context, who covered the cryptocurrency industry and other new technology. Her main area of interest is exploring the vast intersection between businesses and culture in the internet age. Previously, she was an associate sub-editor at Moneycontrol, the online financial news publication owned by Network18.

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