Unacademy claims Rs 1,800 crore in the bank, reduces cash burn by 60%. Co-founder & CEO Gaurav Munjal assures employees of more than four years of cash reserve and cash flow positive Q2. Edtech ...
Unacademy will launch 15 offline centres across nine cities within 30 days from now and its initial setup in Rajasthan’s Kota will be operational in a few more days while the others will follow soon, ...
NEW DELHI: Edtech unicorn Unacademy, which has laid off several hundred employees since the onset of the funding winter last year, claimed it has Rs 1,800 crore in the bank and has reduced cash burn ...
Ronnie Screwvala-led higher education platform Upgrad has withdrawn from acquisition discussions with SoftBank-backed test-prep company Unacademy after the two sides failed to agree on valuation, ...
Unacademy default alive, cash burn: Edtech company Unacademy CEO Gaurav Munjal has shared a big update regarding the firm’s financial health. The SoftBank-backed edtech startup is now aiming to ...
Bengaluru-based test preparation startup Unacademy is refocusing on its core business after its acquisition talks with Upgrad fell through. As part of the shift, Unacademy will exit its ...
Test preparation startup Unacademy said its losses narrowed to ₹1,678 crore in FY23 as compared to ₹1,678.15 crore for FY22, while revenue rose 26 per cent during the year to ₹907 crore from ₹719 ...
Edtech firm Unacademy, which aims to make the core business profitable soon, has seen significant improvement in cash burn in its business. The firm's co-founder and CEO Gaurav Munjal in the town hall ...
Unacademy co-founders Gaurav Munjal and Roman Saini are planning to exit operational roles within the next 2–3 months, multiple sources told Moneycontrol. The duo is currently in advanced discussions ...