Unacademy claims Rs 1,800 crore in the bank, reduces cash burn by 60%. Co-founder & CEO Gaurav Munjal assures employees of more than four years of cash reserve and cash flow positive Q2. Edtech ...
In an internal email to employees, cofounder and CEO Gaurav Munjal said Unacademy sharply reduced cash burn in its test prep business in calendar year 2024, cutting it to around Rs 200 crore from ...
NEW DELHI: Edtech unicorn Unacademy, which has laid off several hundred employees since the onset of the funding winter last year, claimed it has Rs 1,800 crore in the bank and has reduced cash burn ...
Edtech firm Unacademy plans to bring down the cash burn in its core business to below Rs 200 crore in calendar year 2025, nearly half of last year’s amount and a sharp decline from over Rs 1,000 crore ...
Edtech firm Unacademy, which aims to make the core business profitable soon, has seen significant improvement in cash burn in its business. The firm's co-founder and CEO Gaurav Munjal in the town hall ...