The deal comes after Unacademy’s valuation plunged from $3.5B to under $500M, as India’s once-booming edtech sector struggles.
After reported layoffs of around 250 employees in the latest job cuts, edtech firm Unacademy Co-founder and CEO Gaurav Munjal on Wednesday denied the reports of a possible merger or an outright ...
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Edtech firm upGrad has signed a term sheet to acquire rival Unacademy in a 100% share-swap transaction, signalling a potential consolidation move in India’s struggling online education sector. “We at ...
Unacademy has laid off 12% of its workforce, or more than 350 roles, in its latest round of layoffs — just over four months after cutting about 350 roles in November. Unacademy co-founder and CEO ...
Unacademy’s co-founder Hemesh Singh has stepped down as the chief technology officer and will move into an advisory role. Founded in 2015 by Gaurav Munjal, Hemesh Singh and Roman Saini, Unacademy ...
With the growth engine sputtering, funding slowing down and the spectre of regulation looming large, there are many curveballs that Unacademy and its peers will have to grapple with in the coming ...
MS Dhoni has starred in an ad for Unacademy, which took almost one year to complete. Bengaluru-based educational technology company Unacademy today released an ad film starring former Team India ...
https://www.thehindubusinessline.com/companies/unacademy-lays-off-40-employees-from-relevel-team-focus-shifts-from-edtech-to-test-taking-app/article66361226.ece Copy ...
Online learning platform Unacademy is focused on aggressively building out its presence across new categories and exploring international expansion in the next few years, Co-founder Roman Saini said ...