Edtech firm Unacademy has decided to drastically cut down leisure expenses, management salaries and close some businesses including Global Test Prep to focus on profitability. Edtech firm Unacademy ...
Unacademy has managed to control its losses, but its revenue has remained flat. On the other hand, Allen, while profitable, has seen a significant dip in its business due to struggles within the Kota ...
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 ...
Edtech unicorn Unacademy narrowed its losses by nearly two-thirds, but what’s concerning is the decline in operating revenue in FY 2023-24 compared to the previous year. The Bengaluru-based firm ...
UpGrad is in talks to acquire Unacademy in a deal valuing the test-prep platform at $300–400 million, according to Moneycontrol. As per the report a term sheet could be signed in three weeks.