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UNACADEMY IPO
Policybazaar founder warns of insurance squeeze; IT's buying spreeHappy Wednesday! Policybazaar’s Yashish Dahiya has warned that proposed commission caps could disrupt the insurance distribution industry. ...- Govt’s new ‘law-to-code’ push; UpGrad’s $1.7 billion valuationHappy Wednesday! The government plans to translate legal provisions into software code that enforces compliance by design. This and more in...
- AI spooks IT valuations; Groww promoters cut stakeAI has pushed valuations of India’s top IT firms to 2008-09 levels. This and more in today’s ETtech Top 5.
- PoS terminal supply squeeze; Skyroot CEO on unicorn flightHappy Friday! The point-of-sale (PoS) supply has dried up in India as the West Asia conflict squeezes imports. This and more in today's ETt...
- PhysicsWallah expands into the student hostel segmentPhysicsWallah has incorporated a wholly owned subsidiary, PhysicsWallah Student Housing Private Limited, approved by the Ministry of Corpor...
- Peak XV alum’s fund; Snabbit, Scapia funding; Upgrad-Unacademy dealHappy Monday! Former Peak XV Partners executives have launched a new early-stage venture fund. This and more in today’s ETtech Morning Disp...
- Earnings roundup: Infosys, Licious and GrowwIT major Infosys was hit by a small profit dip despite revenue growth in Q3. This and more in today's ETtech Top 5.
- Snowflake CEO on AI, search & more; Razorpay joins IPO queueHappy Friday! Snowflake CEO Sridhar Ramaswamy spoke with ET about the impending overhaul of online search due to AI. This and more in today...
- UpGrad-Unacademy deal talks fail; Amagi downsizes IPOTalks between edtech companies Unacademy and UpGrad for a potential acquisition have fallen through. This and more in today's ETtech Top 5.
- PhysicsWallah sets price band for Rs 3,480 cr IPO, eyes Rs 28,073 cr valuationPhysicsWallah, a prominent Indian edtech firm, has announced its IPO with a price band of ₹103-109 per share, aiming for a valuation of ₹28...
- Unacademy founders’ shift to AirLearn, Jain’s offline role are strategic: Gaurav Munjal to employeesMunjal sent an email to Unacademy’s employees to set to rest speculation of impending layoffs at the company. The Unacademy board had been ...
- How Unacademy board tweaked targets for founders’ voting rightsEdtech unicorn Unacademy has changed the target for its cofounders Gaurav Munjal and Hemesh Singh to access additional voting rights throug...
- Oyo pre-files DRHP, IPO size likely slashed; Unacademy leadership to take salary cutsOravel Stays, which operates budget hospitality chain Oyo, has pre-filed its IPO papers with the stock market regulator Sebi on Friday unde...
- 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...
- 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...
- Oyo eyes $12-15B IPO valuation; Unacademy gets a breatherOyo is aiming for a valuation of $12-15 billion for its upcoming IPO, in which some investors will sell parts of their holdings. These won’...
- 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 ...
- Unacademy valued at $3.4 bn post new funding, will diversify beyond edtech: CEO Gaurav MunjalUnacademy’s cofounder Gaurav Munjal plans to use the new funding to build new lines of business in segments such as jobs and hiring, where ...
- 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...
- Fintech firms face IPO challengesThree Indian fintech firms have IPOs coming up soon, but face unique challenges related to their revenue models, foreign ownership, and inc...
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