Edtech Virohan Start-Up Appoints Jithu Koshy as Chief Financial and Accounts Officer
As Managing Director – Finance, his vision is to integrate data-driven business analysis into the organization, thereby strengthening strategic decision making.
Delivering industry-driven demand-driven training for Allied Healthcare Professionals (AHP), a first of its kind, Edtech healthcare startup Virohan, has announced the appointment of CA Jithu Koshy to the position of general manager of finance and accounts. As Managing Director – Finance, his vision is to integrate data-driven business analysis into the organization, thereby strengthening strategic decision making.
With over 14 years of experience in finance, Jithu Koshy will lead a team of 10 people at Virohan within his department and in the upcoming blitzscaling trip he will seek to strengthen the finance and intelligence team through initiatives focused on technology, which will not only help the startup to be fast and agile, but also to be effective and efficient in the way the startup makes sense of the multiple mobile elements of the business model. Previously, Jithu was CFO of Vivartana Ventures private limited, where he was also inducted as a member of the board of directors. Prior to that he worked with KPMG, Qatar & Ooredoo, the incumbent telecommunications operator in Qatar, where he held business partner roles in business costing, product pricing and project management functions. .
Commenting on the appointment of Mr. Jithu Koshy, Managing Director of Finance and Accounts at Virohan, said: “Through my crucible during my teenage years, I experienced how ‘education can be. a liberation ”not only for the person, but also for the family at large. & ecosystem. When I decided to come back from Qatar for a phase in India to work in the ecosystem of startups contributing to the education sector, the idea was to maximize the use of time by combining professional ambitions and social aspirations thus giving more time for a young family. Virohan being a pre-Series B funded company with the sorted business model and looking at massive expansion enabled by technology, the challenges it offers are exciting as a finance professional as well. What really stuck with me about Virohan is the direct impact it has had on the lives of teenagers, giving them career paths, internships and jobs in their fields of interest. end beneficiary gives me immense motivation to go to my office every day. “
This appointment comes in the context of Virohan’s raising of a 1.3 million USD pre-series B fund from its existing investors – Keiretsu Forum, Priya Shah (General Partner at Theia Ventures), Better Capital, Vikas Gambhir (Partner – Grant Thornton) and Joydeep Battacharya (Partner – Bain & Co), before the relaunch of the B Series.
Virohan was started with an idea to address the failure of the traditional higher education system which is out of step with industry demand. This edtech startup makes the higher education system demand-driven and standardizes training outcomes on a large scale. India needs around 40 million AHP by the end of this decade, and so far only 10 million are employed, of which just 7-8% are trained and certified. To fill this huge gap in AHP, Nalin Saluja, Kunaal Dudeja and Archit Jayaswal teamed up to create Virohan in 2018.