Aditi Avasthi
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Aditi Avasthi is an Indian entrepreneur who is founder and CEO of Embibe, an artificial intelligence
educational technology Educational technology (commonly abbreviated as edutech, or edtech) is the combined use of computer hardware, software, and educational theory and practice to facilitate learning and teaching. When referred to with its abbreviation, "EdTech" ...
platform, based in Bangalore. She has been the recipient of many awards including being selected as a Young Global Leader with the
World Economic Forum The World Economic Forum (WEF) is an international non-governmental organization, international advocacy non-governmental organization and think tank, based in Cologny, Canton of Geneva, Switzerland. It was founded on 24 January 1971 by German ...
in 2021. She was also ranked among
BBC The British Broadcasting Corporation (BBC) is a British public service broadcaster headquartered at Broadcasting House in London, England. Originally established in 1922 as the British Broadcasting Company, it evolved into its current sta ...
's top 100 Women in 2017. In 2018, she was chosen the 'Woman Of The Year’ by
Vogue Vogue may refer to: Business * ''Vogue'' (magazine), a US fashion magazine ** British ''Vogue'', a British fashion magazine ** '' Vogue Adria'', a fashion magazine for former Yugoslav countries ** ''Vogue Arabia'', an Arab fashion magazine ** ' ...
in 2018.


Early life and education

Avasthi was born in
Ludhiana Ludhiana () is the most populous Cities in India, city in the Indian state of Punjab, India, Punjab.164.100.161.224 http://164.100.161.224 › filesPDF Ludhiana State: Punjab Business & Industrial Centre, Tier 2 1 ... The city has an estima ...
,
Punjab Punjab (; ; also romanised as Panjāb or Panj-Āb) is a geopolitical, cultural, and historical region in South Asia. It is located in the northwestern part of the Indian subcontinent, comprising areas of modern-day eastern Pakistan and no ...
,
India India, officially the Republic of India, is a country in South Asia. It is the List of countries and dependencies by area, seventh-largest country by area; the List of countries by population (United Nations), most populous country since ...
on 10 December 1981. She is the daughter of Arun Kumar and Veena Avasthi. She had studied in multiple schools in India. Avasthi received a bachelor's degree in engineering from
Thapar University Thapar Institute of Engineering and Technology (TIET), formerly Thapar University, is a deemed-to-be-university, private deemed-to-be-university, in Patiala, India. The institute provides multiple subjects; including art, computer science, liber ...
in 2003, and received her
MBA A Master of Business Administration (MBA) is a professional degree focused on business administration. The core courses in an MBA program cover various areas of business administration; elective courses may allow further study in a particular a ...
in finance and marketing from the
University of Chicago Booth School of Business The University of Chicago Booth School of Business (branded as Chicago Booth) is the graduate business school of the University of Chicago, a private research university in Chicago, Illinois. Founded in 1898, Chicago Booth is the second-oldest ...
in 2010.


Career

Following her schooling in India, Aditi started her career at
Tata Consultancy Services Tata Consultancy Services (TCS) is an Indian Multinational corporation, multinational technology company specializing in information technology services and consulting. Headquartered in Mumbai, it is a part of the Tata Group and operates in 150 ...
where she collaborated in the growth of new business initiatives in the UK. While at Tata Consultancy Services, she won AIMA Young Leaders project, although her nomination for the award was initially rejected as she was too young. After her MBA, she joined Barclays as Deputy Chief of Product and Strategy Head for their mobile banking division in Africa. Later moving to Delaware, USA, in the year 2012, she worked at
Barclaycard Barclaycard (; stylised as barclaycard) is a brand for credit cards of Barclays PLC. It is considered as the United Kingdom's first and now biggest credit card provider with 5 million accounts. History Barclays launched Barclaycard on 29 June ...
as the Director of Corporate Development in Mobile Commerce Business for an year. At Barclays, Avasthi contributed to overall mobile business strategy, and also led the design of the business cases on the monetization of mobile commerce. In 2012, she founded Embibe, with $700,000 funding gathered from angel investors, and she received further investments from Kalaari Capital and Lightbox Ventures during the following year. which is a personalized engine for education based on a knowledge graph that connects all grades' curriculum and learning context together, so students can achieve their targeted learning outcomes. The platform also provides services based on the
Joint Entrance Examination – Advanced The Joint Entrance Examination – Advanced (JEE-Advanced) (formerly the Indian Institute of Technology – Joint Entrance Examination (IIT-JEE)) is an academic examination held annually in India that tests the skills and knowledge of the ap ...
. Later she conducted a successful corporate round with Reliance Industries in 2018. In April 2018,
Reliance Industries Limited Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the l ...
announced an investment of $180 million in Embibe. Avasthi commented on her business, "Running my own business and being able to breathe life into my vision of disrupting the education system using data science and technology makes me more determined to achieve my goals. Patience, persistence and being able to multi-task come naturally to me as well as most women so that is a big advantage when starting from scratch."


Awards

* ''Fortunes 40 Under 40, in 2015 * Business Impact Woman Entrepreneur of the Year, Digital Disruptor * ''BBC'' 100 Women for addressing illiteracy in 2017 * 40 Under 40 by ''
Business World ''BusinessWorld'' is a business newspaper in the Philippines with a nationwide circulation of more than 117,000 (as of March 2014). Founded in 1967 as ''Business Day'', it is Southeast Asia's first daily business newspaper. History ''Busin ...
'' 2017 * ''
Vogue Vogue may refer to: Business * ''Vogue'' (magazine), a US fashion magazine ** British ''Vogue'', a British fashion magazine ** '' Vogue Adria'', a fashion magazine for former Yugoslav countries ** ''Vogue Arabia'', an Arab fashion magazine ** ' ...
'' Woman of the Year, under the category Young achiever, in 2018


References

{{DEFAULTSORT:Avasthi, Aditi Living people Indian women company founders Indian company founders University of Chicago alumni 1981 births