The buyback comes as the company undertakes a broader strategic reset amid a prolonged slowdown in the edtech sector ...
Unacademy has laid off 12% of its workforce, or more than 350 roles, in its latest round of layoffs — just over four months after cutting about 350 roles in November. Unacademy co-founder and CEO ...
Unacademy's buyback signals an attempt by the company to reward and retain talent after two years of turmoil owing to the ...
Unacademy initiates a ₹50 crore ESOP buyback, rewarding employees amid strategic changes and valuation adjustments.
Edtech leader Unacademy has launched a ₹50 crore ESOP buyback for employees, shortly after reversing a controversial stock option policy.
Unacademy, an edtech company, has initiated a Rs 50 crore Employee Stock Ownership Plan (ESOP) buyback to provide liquidity to its employees.
Unacademy said on Tuesday that Relevel, its upskilling product, is shifting focus to its tests product and the newly launched LinkedIn-rival NextLevel, the latest in a series of changes from the ...
What’s happening at Unacademy? Reports indicate that the company is close to an acquisition, but cofounder and CEO Gaurav Munjal has immediately come out and denied this speculation. This is not the ...
Unacademy has initiated a Rs 50 crore Esop buyback, founder Gaurav Munjal said, creating a cash pool for employees despite a lower valuation than the last fundraise. Eight staff will earn over Rs 1 ...
During the TMS 2022, Munjal said that M&A is a bad strategy when dealing with strategic inflection points when he was questioned about Unacademy’s recent acquisitions He answered the question by ...
Upgrad, led by Ronnie Screwvala and known for its upskilling-focused professional and academic programs, was recently reported to be in talks to acquire Unacademy for USD $300-400 million — about one ...
The startup IPO season is back with Shadowfax. The Flipkart-backed logistics firm will offer shares in the Rs 118 to Rs 124 price band. The offering, which will open for subscription on January 20, ...