For many former Unacademy employees, a recent email from the edtech company felt like a deadline with a price tag. The message asked exited employees to exercise their vested Employee Stock Ownership ...
In an internal email to employees, cofounder and CEO Gaurav Munjal said Unacademy sharply reduced cash burn in its test prep ...
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 ...
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.
Unacademy plans to shut company-run offline centres and shift to a franchise model after acquisition talks with upGrad collapsed, as the edtech firm focuses on cost efficiency and online growth.
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 ...
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 ...
Temasek-backed upGrad is looking to acquire Unacademy in what may be one of the biggest consolidation moves in India’s edtech sector. While this deal potentially gives upGrad an entry into test prep, ...
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 ...