Temasek-backed Unacademy is planning to shut down its centre business and convert it into a franchise model, founder Gaurav Munjal told employees. “Over the coming months, we will exit our ...
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 ...
Gaurav Munjal said Unacademy is under M&A discussions at a similar valuation for an all-stock deal where there will be no cash involved Munjal apologised for the early ESOP exercise window and said ...
Gaurav Munjal, co-founder and CEO of Unacademy tackles problems like slowing growth at core, failed acquisitions, multiple runway extensions On November 7, 2022, Unacademy, India’s second-most valued ...
Edtech firm Unacademy, once valued at $3.4 billion, is reportedly in acquisition talks with Allen Career Institute for $800 million. The deal hinges on approval from Allen's promoters, the Maheshwari ...
Edtech major UpGrad is in talks to acquire Unacademy in a deal that could value the test-prep platform at $300–400 million ( ₹2,800–3,500 crore), Moneycontrol reported citing people familiar with the ...
Unacademy, an edtech unicorn backed by SoftBank, has decided to implement cost-cutting measures for its leadership team due to slow growth and decreasing venture capital funding. The senior leadership ...