Peeyush Ranjan, a former CTO at Flipkart, founded the edtech company Fermi.ai.
Peeyush Ranjan, former chief technology officer at Flipkart and a Google veteran, has launched a global AI tutor-led edtech startup, Fermi.ai, aimed at transforming high-school STEM education. The startup focuses on subjects such as mathematics, physics, and chemistry, using AI tutors to guide students through problem-solving rather than providing direct answers.
Fermi.ai was incubated at Meraki Labs, founded by Myntra co-founder Mukesh Bansal, where Ranjan also serves as a partner. According to Ranjan, the platform is designed to help students arrive at solutions independently, fostering deeper understanding and a sense of accomplishment. “We are not going to give you the answer; we are going to help you arrive at the answer,” he said.
The platform will be rolled out for both schools and individual consumers. An initial free trial is planned in the US and India, followed by expansion into other global markets. Fermi.ai will initially cover physics, chemistry, mathematics, JEE, and AP courses, with plans to expand into college-level education and skill-based learning areas such as prompt engineering, statistical analysis, and actuarial science.
The launch comes amid rapid disruption in the education sector, as artificial intelligence reshapes learning, assessment, and content delivery. Recently, Google introduced free full-length SAT practice tests within its Gemini app, intensifying competition for traditional test-preparation platforms. AI-driven tools are increasingly offering personalised learning experiences as students shift toward digital education solutions.
“The post-ChatGPT world is very different. Schools and educational institutions have to adopt AI—and do it the right way—because students are already adopting it,” Ranjan said. “We are building a product that enables learning the right way within the AI wave.”
Fermi.ai recently completed a three-month pilot involving 79 students, which showed significant improvement in learning outcomes. Students who initially scored an average of 2 out of 10 improved to 6.7 out of 10, while those starting at around 5 out of 10 increased their scores to nearly 8 out of 10 by the end of the pilot.
Ranjan said Meraki Labs will continue funding the venture until it reaches key milestones, including the platform’s launch and market validation. “Once we figure out the market and pricing, we will then consider raising external capital,” he added.