Unacademy’s FY23 revenue rises 26% to Rs 907 crore, loss shrinksTest preparation startup Unacademy said its losses narrowed by 41% to Rs 1,678 crore in FY23, a period riddled with incessant layoffs at th...
03 Jan, 2024, 06.16 PM IST
Unacademy's Graphy slashes about 30% jobs amid restructuring: reportAccording to an Inc42 report, citing sources, Graphy, which provides learning management system services to edtech creators, has been strug...
26 Oct, 2023, 07.54 PM IST
Unacademy leadership to take salary cuts of up to 25%, says edtech’s founder Gaurav MunjalIn a memo to employees, cofounder and CEO Gaurav Munjal told employees that the Bengaluru-based unicorn’s leadership including founders wil...
31 Mar, 2023, 02.03 PM IST
Unacademy to slash 12% of workforce in another round of layoffsUnacademy had cut its headcount by 1,350 across two rounds of layoffs last year, while its subsidiary Relevel had fired 40 employees in Jan...
31 Mar, 2023, 01.18 PM IST
Unacademy hives off 2020 acquisition CodeChefUnacademy will hold only a 30% stake as an investor in CodeChef, which will now function as an independent business being run by its curren...
29 Mar, 2023, 04.40 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
Unacademy’s Gaurav Munjal says rival Classplus ‘definitely overvalued’Classplus competes directly with Unacademy’s Graphy, a software platform for course creators.
29 Nov, 2022, 05.40 PM IST
Next year will be worse for tech than 2022: Unacademy's Gaurav MunjalGaurav Munjal's edtech startup also sacked as many as 350 employees recently in a bid to reduce costs and turn a profit
29 Nov, 2022, 11.33 AM IST
Unacademy cuts another 350 jobs in second round of layoffsUnacademy CEO Gaurav Munjal said employees being laid off will receive severance pay equivalent of their notice period and an additional tw...
07 Nov, 2022, 10.53 PM IST
Unacademy monthly burn down to $7 million from $20 million: CEO Gaurav MunjalTaking to Twitter on Friday (November 4), Munjal said, "Winter will get worse. Get to profitability asap. And then grow from there. Stop al...
04 Nov, 2022, 06.06 PM IST
Unacademy acquires Gate Academy, launches 50 YouTube education channelsUmesh Dhande, the founder and a director at GATE Academy, will join Unacademy as its vice president, academics, GATE and ESE, the company s...
06 Sep, 2022, 12.12 AM IST
Unacademy founders, management to take pay cuts; shut global test prep businessUnacademy chief executive Gaurav Munjal said in a note to his team that they must ‘embrace frugality as core value as the company eyes IPO ...
13 Jul, 2022, 09.21 AM IST
Unacademy won't sack more workers to cut costs, CEO Gaurav Munjal clarifiesIn April, Unacademy fired around 1,000 employees to cut costs Of these, about 300 were educators who worked with Unacademy on a contractual...
13 Jul, 2022, 06.55 AM IST
Byju’s WhiteHat Jr may see rebranding, fires another 300 in TopprAs per current discussions, Byju’s may add its name to WhiteHat Jr as a suffix, but there is also a consideration to rename it fully under ...
30 Jun, 2022, 02.55 PM IST
Cars24 fires 600 employees across departmentsCars24, backed by Japan’s SoftBank and Alpha Wave Global, has joined a growing list of startups such as Unacademy, Vedantu, and Meesho that...
19 May, 2022, 08.23 PM IST
What’s next for Unacademy as it slashes 1,000 jobs in a massive cost-cutting exerciseAccording to people aware of the matter, out of the 1,000 employees who have been fired in the past few weeks, about 300 were educators on ...
07 Apr, 2022, 10.07 PM IST