Business News
upGrad to Acquire Unacademy in USD 218 Mn All-Stock Deal
If completed, the deal would value Unacademy at more than 90% below its peak valuation of USD 3.4 billion in 2021.
unacademy
Business News
Unacademy Co-founders Set to Exit, Shift Focus to New Venture AirLearn
Sumit Jain, co-founder of Unacademy's subsidiary Graphy, is expected to assume the leadership role.
Business News
Shraeyansh Thakur Resigns from Peak XV Partners After a Decade, Eyes New Venture
During his tenure, Thakur played a crucial role in investments and served as a board member and observer for prominent startups, including Atlys, Meesho, Cars24, Unacademy, and Zetwerk.
Business News
BiteSpeed Raises USD 3.5 Mn Funding Led by Peak XV’s Surge to Fuel Global Expansion
BiteSpeed aims to use the new capital to expand its marketing, sales, and technical teams, drive global growth, and enhance its product suite with generative AI for e-commerce brands in key regions.
Business News
Unacademy Co-Founder Hemesh Singh Steps Down as CTO, Moves to Advisory Role
Started as a YouTube channel by Gaurav Munjal, Hemesh Singh, and Roman Saini, Unacademy became an edtech platform in 2015.
Business News
Unacademy To Lay Off 12% Workforce, Says CEO
As per reports, this is the fourth round of layoffs, as the unicorn in November fired 350 employees or 10% of its employees
By Teena Jose
Business News
Edtech Unicorn Unacademy Suspends Contracts Of Educators To Cut Cost
The decision comes shortly after the firm announced its plans to manage its finances more efficiently
By Teena Jose
Business News
Early-stage Investment Chief
"We think all things India consumer and SMB enablement - commerce and fintech - are going to continue to explode", Karthik Reddy, Blume Ventures
Business News
Tiger Global, Dragoneer Pump Fresh Funds in Unacademy, Valuation Jumps to $2 Bn
The fresh capital has knocked up the company's valuation by almost 45 per cent since it entered the coveted unicorn club in September after raising USD 150 million funding led by Softbank at a valuation of USD 1.45 billion.
By Shipra Singh
Business News
Unacademy Acquires UPSC Preparing Startup Coursavy
As a part of the deal, Coursavy educators, including Vimal Singh Rathore (chief executive officer CEO, Coursavy), will now teach on Unacademy and will also mentor existing educators on enhancing discipline amongst aspirants
Business News
India Gets Its Second Edtech Unicorn As Unacademy Joins The Prestigious Club
Founded in 2015, Unacademy started as a YouTube channel before launching its own platform and a mobile app
Business News
Decoding the Rise and Rise of Unacademy
Currently, growing at 75 per cent month on month with a team of 80, Unacademy has raised their second round of investment from Blume Ventures, along with Stanford Angels India, WaterBridge Ventures, Sachin Bansal, Binny Bansal, Vijay Shekhar Sharma