Myntra founder Mukesh Bansal and ex-Google GM Peeyush Ranjan have launched Fermi, an AI-first STEM e...
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The article introduces a new player in the AI-enabled education vertical (an extension of enterprise/consumer ops) using a multi-LLM agentic approach, though it does not meet the threshold for cross.§D capital triggers.
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Finance & Ops · Player Map
Myntra founder Mukesh Bansal and ex-Google GM Peeyush Ranjan have launched Fermi, an AI-first STEM edtech platform targeting India and the US. Eschewing direct-answer chatbots, Fermi uses multiple LLMs and a stylus-first canvas to guide students through active problem-solving. This pivot follows an 8-year sector funding low of 249 million dollars in 2025, a 56% YoY drop. By removing human tutors from the loop, Fermi signals a systemic shift from passive video consumption to interactive AI pedagogy. 🚀📚
