Temasek-backed Unacademy is planning to shut down its centre business and convert it into a franchise model, founder Gaurav Munjal told employees. “Over the coming months, we will exit our ...
Gaurav Munjal, co-founder, Unacademy. Edtech firm Unacademy will exit its company-operated offline centres and transition fully to a franchise-led model over the coming months, founder Gaurav Munjal ...
After failed acquisitions talks with upGrad, Bengaluru-based edtech unicorn Unacademy plans to exit its offline business by converting company operated centres into franchise partnerships. In an ...
India’s edtech consolidation narrative has hit a pause button. UpGrad has called off its proposed acquisition of Unacademy after months of discussions, citing valuation concerns and unresolved ...
Edtech firm UpGrad has called off its proposed acquisition of Unacademy at a valuation of around USD 290 million, citing valuation concerns and business-related challenges within the Temasek and ...
Test preparation platform Unacademy has revised its employee stock option plan policy (ESOP), sharply reducing the time available for former employees to exercise their vested options. Under the ...
Unacademy, once one of India’s best-known edtech startups, may now be worth less than $500 million, 85% less than its pandemic-era peak valuation, as the company undergoes a steep reset and explores ...
New Delhi: Ronnie Screwvala-led edtech firm UpGrad is reportedly in discussions to acquire Unacademy in a deal valued between $300 million and $400 million, according to news reports. The potential ...
UpGrad, promoted by film producer-turned-entrepreneur Ronnie Screwvala, is said to be in talks to acquire rival Unacademy at a fraction of its last-known valuation. The deal would mark be one of the ...
Edtech major UpGrad is in talks to acquire Unacademy in a deal that could value the test-prep platform at $300–400 million ( ₹2,800–3,500 crore), Moneycontrol reported citing people familiar with the ...
Unacademy is undergoing a significant leadership transition as co-founder Gaurav Munjal steps down as CEO, with Sumit Jain, a current board member, taking over. This shift comes amid strategic ...
Unacademy co-founders Gaurav Munjal and Roman Saini are planning to exit operational roles within the next 2–3 months, multiple sources told Moneycontrol. The duo is currently in advanced discussions ...