Mumbai/IBNS, May 16 -- Content creator Ankur Warikoo has announced shutting down his profitable online courses business despite generating Rs 100 crore in revenue since 2020.

Warikoo, who has over seven million subscribers on YouTube, said the venture had grown far beyond expectations but no longer gave him a reason to continue.

'Makes no sense to continue'

He also said he would share further details about the decision at 8:30 pm on May 16.

Recession concerns hinted

Warikoo hinted that economic uncertainty and fears of a slowdown may have contributed to the move.

The response sparked speculation online that changing market conditions and weakening consumer spending on online courses may have influenced his decision.

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