India, May 24 -- Even before it could take off, Metaversity has come crashing down.

The much-hyped edtech-metaverse hybrid founded by former Twitter India chief Manish Maheshwari and former Microsoft senior engineer Tanay Pratap has officially announced that it is shutting shop in one way or the other, a few months after raising $5 Mn.

From its MetaMBA 16-week programme promising market-ready skills to plans of building a metaverse for universities, Bengaluru-based Metaversity had all the right ingredients to attract investors, users and media. So what went wrong?

Put simply, what Metaversity lacked was the very essence of what makes a tech startup:

A shared vision among the leadership.

Founded in 2021, Metaversity was always straddl...