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Unacademy cofounder Gaurav Munjal is stepping down as CEO, with Sumit Jain taking over amid a company reset and focus on AirLearn. Fellow cofounder Roman Saini is also exiting an active role. This ...
Unacademy, one of the high-profile Indian startups, has urged its employees to learn how to work under constraint and focus on reaching profitability as the SoftBank and Tiger Global-backed online ...
India significantly lags behind global leaders in private AI investment, sparking concerns among tech leaders. Despite a $465 ...
Unacademy CEO Gaurav Munjal has stirred a lively debate online after he remarked that while the world is pouring billions ...
Unacademy is also shutting down “certain businesses” such as Global Test Prep that have failed to find product market fit, Munjal wrote in the message, which was reviewed by TechCrunch.
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Unacademy saw its consolidated losses widen to INR 2,848 Cr ($350 Mn) in FY22, up 85% year-on-year (YoY) from INR 1,537 Cr in FY21. Revenue from operations saw an 80%-plus gain in the year to ...
The Unacademy Group is yet to file its FY22 financials, so it’s hard to estimate whether the layoffs are simply rationalisation of costs or a way to show profitability on the books — at least ...
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Unacademy, which began as a YouTube channel in 2015 after Munjal and Singh sold their previous startup Flatchat to Commonfloor, competes in the test-prep segment with entities like Byju’s-owned ...
Inside Unacademy: Slowing growth, failed acquisitions, a problem of plenty Unacademy’s hope may lie in offline coaching centres, which go against its original goal of tech-driven disruption, but ...
Unacademy’s rival BYJU’S recently filed its FY21 results wherein it reported widened losses of Rs 4,564.38 crore in FY21—14X more than the loss reported in FY20 which stood at Rs 305.5 crore.