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Iowa State University, MBA 2004
Marketing and Accounting


Senior Vice President, Co-Founder

Web Presences


Aayush Phumbhra

A business visionary, Aayush Phumbhra is now leading Chegg through the rental textbook market as a co-founder. Inspired by his personal experience and frustration with his own university’s bookstore, Aayush believes in the vision of Chegg: help college students save money by providing them with the option to rent rather than simply buy the textbooks. Prior to the founding of Chegg, Aayush was an analyst at Wells Fargo Home Mortgage and a management and technology consultant at BearingPoint. Before he moved to the United States in 2001, Aayush launched two companies in his native India, one of which focused on Web and graphic design.

As a VP, Aayush drives Chegg’s growth, spreading the service to more and more college campuses and leading in the development of strategic business relationships.

Aayush holds an MBA in Marketing and Accounting from Iowa State University and currently lives in Chicago, commuting to the northern California hub of Chegg frequently.

Recent Milestones


Company Date Round Size Participants
Apartment List 2/2014Venture Round$6M11
Canva 3/2013Seed$3M11
Canva 3/2013Debt$105k1
Wanelo 6/2012Venture Round$3M10
Remind101 1/2012Seed$1M11
Veenome 11/2011Angel$500k6
UserVoice 11/2011Series B$1M10
Origami Labs 10/2011Debt$1.5M20
MightyText 2011Seed$650k10



  1. Apartment List Raises Another $6 Million To Improve Your Apartment Hunt ( [edit]
  2. Canva Raises $3 Million To Make Design Accessible To Everyone ( [edit]
  3. SEC ( [edit]
  4. Naval Ravikant joins board of Wanelo as the fast-growing social commerce site expands beyond its mall rat demographic ( [edit]
  5. Citation Needed [add]
  6. Video Platform Startup Veenome Raises $500K From Ecosystem VC & Angels ( [edit]
  7. Uservoice Hears $1M ( [edit]
  8. [edit]
  9. Ex-Googlers Launch MightyText, An iMessage For Android Users ( [edit]
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Last Edited 2/5/14

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