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Shreyans Sancheti
Co-founder at Bluelearn | Forbes 30 Under 30, Asia | BITS Pilani Goa
Shreyans Sancheti is a young entrepreneur and co-founder of Bluelearn, an educational technology startup based in India.1 Here are some key details about him:
Professional Background
Shreyans graduated from BITS Pilani Goa with a degree in Electrical and Electronics Engineering.1 He has co-founded two startups and has experience in the edtech industry.1 His entrepreneurial journey includes:
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Co-founder of Bluelearn (January 2021 - Present): Bluelearn is described as one of India's largest student communities, providing a platform for students to learn new skills, network, and grow.1
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Co-founder of Huloq Inc. (September 2018 - August 2020): This startup focused on developing AI-assisted tools and web widgets to help websites improve user conversion and engagement.1
Other Professional Experiences
- Research Consultant at WorldQuant (January 2019 - October 2019): He built quantitative trading models using statistical arbitrage.1
- Summer Intern at Groww, India (June 2019 - July 2019): Worked on enhancing search engine optimization and content development.1
Achievements and Recognition
Shreyans has been recognized as part of the Forbes 30 Under 30 Asia list, highlighting his achievements as a young entrepreneur.1
Personal Interests
He has developed a deep passion for finance and global equity and derivative markets, and trades regularly. Shreyans is also an avid reader and enjoys playing table tennis and basketball.1
Recent Developments
It's worth noting that as of July 21, 2024, Shreyans and his co-founder made the decision to shut down Bluelearn and return 70% of the capital back to their investors.2 This indicates that his professional journey is evolving, and he may be moving on to new ventures or opportunities.
Highlights
A few weeks ago, Harish and I made the difficult decision to shut down Bluelearn and return 70% of the capital back to our investors.
The last 3 and half years have been a rollercoaster and I'm grateful to have had Harish Uthayakumar with me on this journey. I've tried to document our journey, with some of our numbers and learnings, and express deep gratitude for every single person who was a part of our journey.
I'm incredibly grateful to have had the privilege of working with a great set of investors and angels who shared our vision! (Amit Aggarwal, Manish Advani, Mukul Arora, Rohil Bagga, Vaibhav "Dr.V" Agrawal, Titan Capital, 100X.VC, 2am VC, and so many more)
Startups are unpredictable and failures are a part of the journey, I'm so proud of our team who stuck with us and spent day and night working hard to build Bluelearn. Vinit Sarode Kenan Collaco Darshil Rathod
Exactly a year ago, we launched our internship and freelancing portal on our app and website. In just a year we've seen over 3,800 companies post their hiring requirements on Bluelearn and we have processed over 250,000 applications from all 28 Indian states and 7/8 UTs!
But very quickly we realised that most of the members who were looking for internships or freelancing projects didn't have the necessary skills to crack the opportunity, so side by side we started building learning products that could help our users be better equipped to land an internship or some freelancing clients.
We launched Projects in August '23 to help users build their proof of work portfolio and get hands-on experience. In less than 6 months we saw more than 25,000 projects enrols and this directly boosted our placement rate; increasing the number of users finding internships or freelancing gigs. But it wasn't enough.
So in October-November we conducted 100s of user interviews asking students as well as working professionals how they would want to learn a new skill or strengthen existing skills enough to monetize it. We got a lot of responses but one stood out. No one liked lectures. Be it live or recorded, online or offline. So we decided to try and build a learning program with no lectures. We built the program around a few things:
- Personalized 1 on 1 mentorship sessions with someone who has been there, done that. Someone who you can ask even the silliest of questions to.
- First and exclusive access to internships and freelancing opportunities that are posted on Bluelearn as well as ones that our placement team curates
- 5 hands on guided projects that will enhance your proof of work portfolio
- Access to a playlist of resources that our team puts together from across the internet as well as curates in house.
- Access to a community of cool people who are equally as smart and driven as you, if not more.
Our first cohort was launched in December and it was on Product design. We saw 75% of the batch get placed and make 2-3x of what they paid within the first month. We're doubling the number of seats and launching our 2nd design cohort in Feb first week (link is in first comment)
We're excited about building new learning experiences and will soon be launching programs around tech (web dev), entrepreneurship and possibly marketing. If you're someone who might be interested in design, tech, marketing or entrepreneurship then please do let me know and our team will reach out to you!
