The buyback comes as the company undertakes a broader strategic reset amid a prolonged slowdown in the edtech sector ...
Unacademy initiates a ₹50 crore ESOP buyback, rewarding employees amid strategic changes and valuation adjustments.
Unacademy's buyback signals an attempt by the company to reward and retain talent after two years of turmoil owing to the ...
Edtech leader Unacademy has launched a ₹50 crore ESOP buyback for employees, shortly after reversing a controversial stock option policy.
Unacademy has approved a ₹50 crore ESOP buyback programme, enabling current and former employees to monetise their stock ...
Unacademy has initiated a Rs 50 crore Esop buyback, founder Gaurav Munjal said, creating a cash pool for employees despite a lower valuation than the last fundraise. Eight staff will earn over Rs 1 ...
After failed acquisitions talks with upGrad, Bengaluru-based edtech unicorn Unacademy plans to exit its offline business by converting company operated centres into franchise partnerships. In an ...
Acquisition discussions between Unacademy and upGrad, which had been ongoing for several months, reportedly ended after both parties failed to reach consensus on valuation and deal structure. This ...
Co-founder Gaurav Munjal said as many as 8 employees will receive over Rs 1 crore each, 17 will get over Rs 50 lakh, and 38 will earn more than Rs 10 lakh.
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