Stoa School, an edtech company in Bengaluru, co-founded by Aditya Kulkarni and Raj Kunkolienkar, has announced its closure. The reason for this decision was not detailed.

Stoa School, established in October 2020, offered a six-month MBA program.

Recent reports from The Ken indicate the institution stopped new admissions in June.

The company had financial backing from investors such as Zerodha co-founder Nithin Kamath.

According to Tracxn, it raised US$1.77 million from various angel investors.