Unacademy rolls out Rs 50 crore Esop buyback; employees to receive big payoutsUnacademy has initiated a Rs 50 crore Esop buyback, founder Gaurav Munjal said, creating a cash pool for employees despite a lower valuatio...
27 Feb, 2026, 06.01 PM IST
After failed acquisition talks with Upgrad, Unacademy pivots back to online test prepIn an internal email to employees, cofounder and CEO Gaurav Munjal said Unacademy sharply reduced cash burn in its test prep business in ca...
14 Jan, 2026, 02.05 PM IST
UpGrad pulls out of talks to acquire Unacademy over valuation differencesThe discussions stalled due to differing valuation expectations between the two sides. “The deal talks were officially called off today. Th...
08 Jan, 2026, 08.56 PM IST
Nvidia at CES 2026; Puneet Kumar quits NexusAI chipmaker Nvidia put forward its vision to own the AI stack at CES 2026 in Las Vegas. This and more in today's ETtech Top 5.
06 Jan, 2026, 10.53 PM IST
Unacademy rolls back Esop changes for former employeesPer the reinstated policy, former employees now have up to 10 years to purchase the stock options earned during their tenure. The test prep...
06 Jan, 2026, 09.28 AM IST
UPI blocks other payment modes; Unacademy's Esop troubleHappy Monday! Beyond the fast-growing UPI, other payment methods in India see stagnation. This and more in today's ETtech Morning Dispatch.
22 Dec, 2025, 08.18 AM IST
Unacademy cuts Esop exercise window for former employees to 30 daysEarlier, departing employees had up to 10 years to exercise the stock options they earned during their tenure. However, the Bengaluru-based...
20 Dec, 2025, 09.16 PM IST
Amid layoffs, clutch of edtech firms roll out hikes and ESOPSEdtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS, among others, are looking to reward employees through increments. Othe...
11 Feb, 2023, 01.25 AM IST
Pay hike on the cards for edtech employees after an edgy 2022Edtech startups like Eruditus and Emeritus, Classplus, BrightCHAMPS among others are looking to reward employees through increments.
09 Feb, 2023, 05.30 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
Relevel to pivot to test products and NextLevel, Gaurav Munjal tells employeesLaunched on Tuesday, NextLevel competes with professional networking platform Linkedin and aims to help individuals be a part of a rating s...
10 Jan, 2023, 07.16 PM IST
Urban Company to allot Rs 150 crore in stock options to gig workersFounder Raghav Chandra said that the ‘partner stock ownership plan’ (Psop) would be similar to employee stock option plans (Esops) of compa...
02 Mar, 2022, 06.52 PM IST
Unacademy announces its biggest ESOP buyback worth $10.5 millionEdtech startup Unacademy has announced its biggest ESOPs buyback, its third so far, barely a month after it rolled out an industry-first te...
26 Oct, 2021, 06.04 PM IST
What does Unacademy's move to offer stock options to teachers mean? Let's crack itCalled Tsops — teacher stock options — this recognises the value of gig workers. The move, a first by a unicorn, could be a game changer in...
05 Aug, 2021, 09.33 AM IST
Microsoft checks in to OyoMicrosoft has finalised a strategic investment in Softbank-backed Oyo Hotels & Homes.
30 Jul, 2021, 02.33 AM IST
Unacademy to issue $40 million in stock options to teachers over next few yearsTypically, stock options or ESOPs are reserved for a company's permanent staff and is used as a tool to attract talent for fledgling startu...
29 Jul, 2021, 08.56 PM IST
Swiggy undertakes Esop liquidity worth about $7-9 millionFamily offices of leading industrial houses in India and a few HNIs are buying out these shares.
09 Nov, 2020, 03.50 PM IST