In 2023, Unacademy won’t conduct cash appraisals instead, it will pay out in stock options Sneha Singh·February 3, 2023Unacademy, an educational technology company sponsored by SoftBank, will forego providing cash raises to staff members this year...Tech·0 Comments·0
Unacademy’s Relevel will lay off 40 more professionals since it keeps changing its focus from schooling to tests. Tanishqua Ghura·January 10, 2023Relevel, which is purchased by Unacademy, will lay off the next 40 employees, or roughly 20% of its...News·0 Comments·0
Kunal Shah bags the top angel investor title in 2022 with 67 deals Meanwhile, Shah seemed to be lowering his investment activity in contrast to the previous year, where he contributed to approximately 96 deals. Prity Khanal·December 30, 2022Kunal Shah, Cred’s founder, and CEO shall likely be recognized as the Shah of angel investing in 2022....BusinessNewsTech·0 Comments·0
In FY22, the revenue and losses of Unacademy surge over 80% Due to rising ESOP costs, Unacademy's losses nearly doubled to Rs 2,848 crore in FY22 Sneha Singh·October 27, 2022Unacademy is no exception because edtech companies have had a problematic current fiscal year. The SoftBank-backed company entered...Trending·0 Comments·0
In yet another cost-cutting initiative, Unacademy suspends contracted doubt solvers for six months Aayush Pathak·August 2, 2022The eSoftBank-backed digital learning titan Unacademy has halted the contracts of a few of its instructors who help...BusinessIndia NewsNews·0 Comments·0
Unacademy to go public within 2 years – CEO Gaurav Munjal EdTech company is implementing cost cutting measures in order to achieve profitability as soon as possible Thomas Babychan·July 12, 2022Chief Executive Officer of Ed-tech company Unacademy, Gaurav Munjal, said on Monday that the financial management of the...BusinessEducationIndia NewsMarketsNews·0 Comments·0
Edtech Start-up Unacademy Increases Their ESOP by 20% Unacademy's move to increase its ESOP pool comes at a time when the company laid off over 750 employees including educators Vishvas Narayan·July 10, 2022Edtech start-up, Unacademy, has recently come out to say that the company has decided to up their employee...BusinessEducationStartupsTech·0 Comments·0
Unacademy Co-founder Gaurav Munjal Says Edtech is Here to Stay "EdTech is here to stay. In fact I am more bullish on it than I ever was." Vishvas Narayan·June 25, 2022The education tech industry in the country has been facing massive slumps over the past year. During the...BusinessEducationFuture TechMarkets·0 Comments·0
1,000 Unacademy Employees Sacked in Cost Cutting Exercise Many of these employees are educators contracted to the company Vishvas Narayan·April 8, 2022Educational start-up company, Unacademy were forced to lay off around a thousand employees as they go through a...BusinessEducationIndia NewsNewsPopularStartups·0 Comments·0
EdTech firms can’t be allowed to offer Degrees or Diplomas, says AICTE chairman Balraj·January 31, 2022The government is not hostile to EdTech firms, according to Anil Sahasrabudhe, chairman of the All India Council...EducationIndia NewsStartups·0 Comments·0