What’s happening at Unacademy? Reports indicate that the company is close to an acquisition, but cofounder and CEO Gaurav Munjal has immediately come out and denied this speculation. This is not ...
While Relevel has denied there have been any layoffs, employees were left to choose between either leaving the startup or taking up a new role in other parts of the Unacademy Group Ironically ...
Unacademy is reportedly in talks to be acquired. Allen Career Institute, an offline test preparation centre, is likely to offer a deal that could value the edtech firm at $800 million. This ...
Chennai: The end of funding winter helped the startups stabilise in 2024 as the number of layoffs witnessed an 80 per cent ...
SoftBank-backed edtech startup Unacademy’s losses narrowed significantly by 62% in the last financial year ended March 31, as it managed to control its expenses along with cost-cutting measures.
Edtech unicorn Unacademy narrowed its losses by nearly two-thirds, but what’s concerning is the decline in operating revenue in FY 2023-24 compared to the previous year. The Bengaluru ...
Unacademy's latest round of layoffs comes just four months after the SoftBank-backed edtech laid off 350 employees or about 10 percent of its staff in November. The layoffs would happen across ...
Graphy, an Unacademy Group company, on Monday the acquisition of edtech software-as-a-service (SaaS) platform Spayee for $25 million. Founded in 2014, Spayee allows content creators to produce ...
Unacademy, which is the second edtech startup to enter the unicorn club, raised $440 million last month in a round from Mirae Asset and SoftBank. The company is now valued at $3.44 billion.
Unacademy, however, reported an over 80 percent rise in operating revenue to Rs 719 crore from Rs 398 crore a year earlier. Its total income surged to Rs 845 crore in FY22 from Rs 464 crore a year ...