Unacademy, once one of India’s best-known edtech startups, may now be worth less than $500 million, 85% less than its pandemic-era peak valuation, as the company undergoes a steep reset and explores ...
Edtech firm Unacademy has decided to drastically cut down leisure expenses, management salaries and close some businesses including Global Test Prep to focus on profitability. Edtech firm Unacademy ...
Edtech firm Unacademy has initiated a ₹50 crore employee stock ownership plan (Esop) buyback, offering liquidity to employees at a time when the company’s valuation has fallen significantly below its ...
Unacademy has managed to control its losses, but its revenue has remained flat. On the other hand, Allen, while profitable, has seen a significant dip in its business due to struggles within the Kota ...
Unacademy founders Roman Saini, Gaurav Munjal and Hemesh Singh. Unacademy-owned Relevel will lay off another 40 employees, or roughly 20% of its workforce, as the job guarantee programme vertical ...
UpGrad is in talks to acquire Unacademy in a deal valuing the test-prep platform at $300–400 million, according to Moneycontrol. As per the report a term sheet could be signed in three weeks.