From Startup to Millions: Decoding Liqvid's Path to EdTech Success

Discover the reasons behind the struggles of well-funded EdTechs in generating profits. Join Mr. Vivek Aggarwal, Founder, and CEO of Liqvid, in this captivating video to explore how funding alone doesn't guarantee success for startups.

Swati Dayal
15 May 2023

In recent years, India has witnessed a remarkable surge in the EdTech sector, driven by a new breed of visionary entrepreneurs who are revolutionizing the way education is delivered. EdTech entrepreneurs in India are playing a pivotal role in transforming education by leveraging technology to provide accessible, affordable, and personalized learning experiences.

Why are well-funded EdTechs struggling?

One such Noida-based EdTech startup that gained millions of subscribers in a very short span of time is Liqvid. Mr. Vivek Aggarwal, the founder of Liqvid, recognized the immense potential of technology in language learning and set out to revolutionize the way people acquire new languages. With a focus on English language proficiency, he developed interactive and immersive learning solutions that cater to learners of all levels, from beginners to advanced speakers. Their flagship product, EnglishEdge, combines cutting-edge technology, engaging content, and personalized learning experiences to facilitate effective language acquisition.

What sets Liqvid apart is its commitment to blending technology with pedagogy. Understanding that education is not just about content delivery but also about effective instruction, Liqvid's solutions integrate multimedia elements, gamification, and artificial intelligence to create dynamic and interactive learning experiences. By leveraging data analytics and adaptive learning algorithms, Liqvid ensures that learners receive customized feedback and guidance, enabling them to progress at their own pace and overcome language barriers effectively.

In an enticing video, Mr. Ashish Jain, CEO cum Co-Founder of The Startup Board, had a captivating conversation with Mr. Vivek Aggarwal, the Founder of Liqvid, to delve into the journey of the startupreneur and discover the secret behind his journey from a startup to millions of subscribers.

One of the significant achievements of Liqvid is its unique business model, offering affordable subscription plans, not directly for the students but through strategic collaborations and partnerships. The company has forged alliances with educational institutions, government agencies, and other entities, leveraging their expertise and resources to create impactful solutions. By collaborating with organizations that share their vision, Liqvid has been able to scale its operations and reach a wider audience, maximizing its impact in the EdTech space.

Mr. Vivek also discusses why big EdTech companies are struggling to make profits despite substantial investments, phenomenal success, and high valuations. The founder also shares words of advice for aspiring startups who have embarked on their journey and aspire to reach millions.

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