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UNACADEMY REVENUE DECLINE
Test-prep platform Allen’s FY25 net profit plunges to Rs 41 croreAllen Career Institute’s net profit fell sharply in fiscal 2025 despite steady revenue. The drop is due to a shift away from its Kota base ...20 Oct, 2025, 06.00 AM IST- Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.31 May, 2025, 07.48 AM IST
- Exclusive: Unacademy founders Munjal, Saini set to exit, shift focus to AirLearnUnacademy cofounder Gaurav Munjal is stepping down as CEO, with Sumit Jain taking over amid a company reset and focus on AirLearn. Fellow c...28 May, 2025, 05.31 PM IST
- Unacademy founders exit; Ola Electric’s freefallHappy Wednesday! Unacademy cofounders are planning to exit the edtech firm as the company expands its offline footprint. This and more in t...28 May, 2025, 07.46 AM IST
- Unacademy’s Airlearn hits 70,000 daily users, $2 million bookings run rateUnacademy’s language learning app Airlearn has reached 70,000 daily users and nearly 300,000 monthly users, with 17,500 paid subscribers an...11 Apr, 2025, 11.29 AM IST
- Year in Review: Behind the VC reset and what’s next in 2025Happy Wednesday! India's venture capital ecosystem stays cautious, holding cash amid profit pressures. This and more in today’s ETtech Morn...18 Dec, 2024, 07.23 AM IST
- Unacademy’s FY24 losses narrow 62%, revenue declines 7% as business shrinksThe SoftBank-backed edtech startup, which has undergone multiple restructuring exercises, logged operating revenue of Rs 840 crore, down 7%...17 Dec, 2024, 11.12 PM IST
- Unacademy-Allen deal; Swiggy Q2 earningsHappy Wednesday! Unacademy and Allen Career Institute have been in talks to strike a deal but the terms are yet unclear. We have details of...04 Dec, 2024, 01.09 PM IST
- Microsoft-owned LinkedIn fires 716 employees in fresh round of layoffsThe employment-focused professional network had also announced layoffs in February this year.09 May, 2023, 11.43 AM IST
- PhonePe calls off deal to acquire ZestMoney; Unacademy to slash 12% of workforceIn the end, it was much ado about nothing. After months of back and forth and oohs and aahs, PhonePe, one of India’s leading fintechs and t...30 Mar, 2023, 07.49 PM IST
- Unacademy cancels cash appraisals; staffers will be rewarded with stock optionsUnacademy’s cofounder and CEO Gaurav Munjal on Thursday told employees that appraisals for the financial year ended March 2023 stand cancel...02 Feb, 2023, 09.33 PM IST
- YouTube offers LMS-Style 'Courses' to Creators. Details hereAlthough the instructional video has been available on YouTube for some time, this will allow artists to give viewers a more thorough, stru...19 Dec, 2022, 06.02 PM IST
- SoftBank plans $35 million bet on India's GoMechanicVision Fund's early-stage talks with GoMechanic are being held around a valuation of $600-700 million, with Malaysian sovereign fund Khazan...06 Sep, 2022, 02.59 PM IST
- Freshworks IPO lives the American dreamFreshworks has become the first Indian software products company to list on Nasdaq, raising more than $1.03 billion from investors through ...22 Sep, 2021, 10.40 PM IST
- ETtech Exclusive: Eruditus raises $650 million as valuation jumps four-fold to $3.2 billionCPPIB to also join new round which will facilitate partial exit for Bertelsmann, founder & management selling $100 million in shares12 Aug, 2021, 08.32 PM IST
- Byju’s set to buy rival Toppr for $150 million: ReportNews of a potential Byju’s-Toppr deal comes at a time when India’s largest edtech startup is said to have signed a deal to acquire Aakash I...15 Feb, 2021, 06.39 PM IST
- Screwvala's upGrad in final negotiations to raise up to $150 millionupGrad entered the test preparation market earlier this week with the acquisition of Bengaluru-based The Gate Academy. It plans to invest o...27 Nov, 2020, 11.04 AM IST
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