As the GM – Finance, his vision is to bring in data based business analytics into the organization strengthening strategic decision making.
Providing industry demand led training for Allied Healthcare Professionals (AHPs), A first of its kind, Healthcare Edtech startup Virohan, has announced the appointment of CA Jithu Koshy as the General Manager in Finance & Accounts. As the GM – Finance, his vision is to bring in data based business analytics into the organization strengthening strategic decision making.
With over 14 years of experience in finance, Jithu Koshy will be leading a team of 10 people at Virohan within his department and in the blitzscaling journey ahead, he will be looking at building the team strength in finance & intelligence via technology driven initiatives, which will not only help the startup to be swift & agile, but also, be efficient & effective in how the startup make sense of the multiple moving pieces in the business model. Previously Jithu was the Chief Financial Officer at Vivartana Ventures private limited, where he was also inducted as a board member. Prior to this, he worked with KPMG, Qatar & Ooredoo, the incumbent telecom operator in Qatar where he took up business partnering roles in activity based costing, product pricing and project management functions.
Commenting on the appointment Mr. Jithu Koshy, General Manager in Finance and Accounts at Virohansaid “Through my crucible in my teenage years, I have first hand experience how “Education can be a liberation” for not only the person, but also the wider family & ecosystem. When I decided to move back from Qatar for a phase in India to work in the startup ecosystem contributing to the education sector, the idea was to maximise time utilization by combining professional ambitions with social aspirations thereby giving more time to a young family. Virohan being a pre-series B funded company with the operating model sorted out and looking at massive expansion enabled by technology, the challenges it offers are also exciting as a finance professional. What really got me glued to Virohan was the direct impact it had on teenagers’ lives, giving them a career path, internship and jobs in their areas of interest. The face of the end beneficiary gives me immense motivation to go to my office each day.”
The appointment comes in the background of Virohan raising a fund of USD 1.3 million in pre-series B 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 Series B raise.
Virohan was started with an idea to fix the failure in the traditional higher education system which is out of sync with industry demand. This edtech startup is making the higher education system demand-driven and standardizing training outcomes at scale. India needs about 40 million AHPs by the end of this decade, and as of today, only 10 million are employed, of which barely 7-8% are trained and certified. To address this staggering gap in AHPs, Nalin Saluja, Kunaal Dudeja and Archit Jayaswal teamed up to establish Virohan in 2018.
Source: Business World