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 ...

Gaurav Munjal said Unacademy is under M&A discussions at a similar valuation for an all-stock deal where there will be no cash involved Munjal apologised for the early ESOP exercise window and said ...

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 ...

SoftBank-backed edtech firm Unacademy will shut down all its company-operated offline coaching centres and convert them into franchise partnerships by April, co-founder and chief executive Gaurav ...

SoftBank-backed Unacademy will shut down its company-operated offline centres and transition those to a franchise model—a move further aimed at reducing its burn, the company's co-founder and CEO ...

Unacademy has laid off 12% of its workforce, or more than 350 roles, in its latest round of layoffs — just over four months after cutting about 350 roles in November. Unacademy co-founder and CEO ...

upGrad has dropped plans to acquire Unacademy after the two sides failed to agree on valuation, two people aware of the development said. The talks, one of the biggest consolidation moves in India’s ...

Move comes as the company is reportedly in acquisition talks with upGrad Founder clarified that the move is an attempt to give employees actual shares (equity) so they can participate in the potential ...

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 ...

Unacademy co-founder Gaurav Munjal will continue to lead the edtech company as Group CEO, ending months of speculation about a potential leadership transition at the SoftBank-backed test-prep firm, ...

The collapse of acquisition talks between upGrad and Unacademy has brought into focus the challenges facing consolidation in India’s edtech sector, which is still grappling with a slowdown after the ...

Serial entrepreneur Ronnie Screwvala has confirmed that talks between upGrad and Unacademy have been called off after months of negotiation and back-and-forth over price expectations. “Yes, we are not ...