Indian edtech giant Unacademy is laying off about 250 employees. This is the latest in a series of job cuts at the company after schools reopened across the country following the pandemic lockdowns.

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 ...

Sharing his learnings of 2023, founder Gaurav Munjal said Unacademy turned down a tempting $500 Mn debt offer and a host of merger and acquisition opportunities in the last two years On the edtech ...

Munjal said that Unacademy is focussed on turning its “core business” profitable and will not be distracted by competitors’ acquisition strategies Reflecting on the inorganic expansion strategy of ...

Ronnie Screwvala-led higher education platform Upgrad has withdrawn from acquisition discussions with SoftBank-backed test-prep company Unacademy after the two sides failed to agree on valuation, ...