India, May 17 -- Entrepreneur and content creator Ankur Warikoo has shared an update after announcing the shutdown of his Rs.100 crore courses business. On Friday, Warikoo revealed on X that he was shutting down the venture despite it generating more than Rs.100 crore in revenue and Rs.25 crore in profits over the last 5 years.

"I am shutting down my courses business. After 5 years, 5 lakh students, and Rs.100 crore in revenue, all profitable. Completely shutting it down," he said in a video posted on X. Alongside the clip, he wrote, "I am shutting down my 100 crores courses business. We've grown beyond what I could have imagined since we started in 2020. 5 lakh students. 100 crores in sales. 25 crores in profits. But it makes no sense t...