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  • Ronnie Screwvala's UpGrad in talks to acquire Unacademy for $300- $400 million

    The move follows Unacademy’s leadership transition, with co-founder Sumit Jain heading test prep, and Gaurav Munjal and Roman Saini set to lead AirLearn independently.

  • Unacademy names co-founder Sumit Jain as CEO of test prep business

    Unacademy names co-founder Sumit Jain as CEO of test prep business

    The move comes four months after Gaurav Munjal stepped back from day-to-day roles, as Unacademy advances its succession plan and sharpens focus on unit economics

  • Unacademy in 'default alive' state, to cut core biz cash burn to Rs 200 crore in 2025: CEO Gaurav Munjal

    Unacademy in 'default alive' state, to cut core biz cash burn to Rs 200 crore in 2025: CEO Gaurav Munjal

    With cash burn down, Munjal said that Unacademy is steering clear of acquisition-led growth – calling it a failed strategy in edtech – to focus instead on core business profitability, product innovation, and disciplined execution

  • Startup founders urge Sam Altman to make OpenAI more affordable, introduce India specific pricing

    Startup founders urge Sam Altman to make OpenAI more affordable, introduce India specific pricing

    The attendees included prominent startup ecosystem figures like Paytm’s Vijay Shekhar Sharma, Unacademy’s Gaurav Munjal, Fractal’s Srikanth Velamakanni, Ixigo’s Aloke Bajpai, HeathifyMe’s Tushar Vashisht, and Aakrit Vaish - advisor to the India AI Mission

  • Unacademy CEO Gaurav Munjal denies acquisition rumours, Physics Wallah's Alakh Pandey responds

    Unacademy CEO Gaurav Munjal denies acquisition rumours, Physics Wallah's Alakh Pandey responds

    With $170 million in cash reserves and no debt, Unacademy reportedly has a financial runway exceeding four years, Gaurav Munjal said.

  • Unacademy CEO Gaurav Munjal tries Duolingo to learn Spanish: '100 days and I still couldn't speak or write'

    Unacademy CEO Gaurav Munjal tries Duolingo to learn Spanish: '100 days and I still couldn't speak or write'

    Despite achieving a 100-day streak on Duolingo for Spanish, Gaurav Munjal confessed that he was unable to speak or write the language fluently. He attributed this to the app's oversimplified approach and lack of focus on fundamental grammar concepts.

  • Unacademy CEO Gaurav Munjal scores coveted Coldplay concert tickets, shares his excitement, writes: “Didn’t clear JEE. But got the Coldplay tickets today”

    Unacademy CEO Gaurav Munjal scores coveted Coldplay concert tickets, shares his excitement, writes: “Didn’t clear JEE. But got the Coldplay tickets today”

    Gaurav Munjal, CEO of the ed-tech platform Unacademy, took to social media to share his excitement after securing tickets for British band Coldplay’s much-anticipated concert in India. As soon as the band announced their return to India, set for January 2025, fans across the country erupted in joy, flooding social media with excitement and plans to attend.

  • Unacademy CEO's $400 T-shirt grabs eyeballs in his no appraisal announcement. Watch

    Unacademy CEO's $400 T-shirt grabs eyeballs in his no appraisal announcement. Watch

    In his virtual address, Gaurav Munjal acknowledged that while 2023 was an average year for Unacademy, 2024 had been slightly better but still below expectations.

  • 'Unacademy will have its best year in terms of growth': Gaurav Munjal after laying off 250 staff

    'Unacademy will have its best year in terms of growth': Gaurav Munjal after laying off 250 staff

    The Unacademy head has gathered support from business leaders such as Ola Electric founder-chairman Bhavish Aggarwal and the founder-CEO of Oyo Ritesh Agarwal.

  • A day before 250 layoffs, what Unacademy CEO commented on post about startup failures

    A day before 250 layoffs, what Unacademy CEO commented on post about startup failures

    Unacademy's 250 job cuts affected 100 employees from core functions such as marketing, business, and product, with the remaining 150 from sales, sources said.

  • Unacademy's Gaurav Munjal on why Byju Raveendran failed: 'didn't listen, put himself on a pedestal'

    Unacademy's Gaurav Munjal on why Byju Raveendran failed: 'didn't listen, put himself on a pedestal'

    The crux of Gaurav Munjal’s critique of Byju Raveendran, the founder of Byju’s, centered on his leadership approach.

  • Unacademy's Gaurav Munjal calls Bengaluru 'best city in India': 'Everyone I meet these days wants to move'

    Unacademy's Gaurav Munjal calls Bengaluru 'best city in India': 'Everyone I meet these days wants to move'

    Writing on X (formerly Twitter) on Friday, Unacademy CEO Gaurav Munjal recently referred to Bengaluru as India's best city and added that everyone that he had met recently wanted to move to the Karnataka capital.

  • Unacademy's Gaurav Munjal offers advice to startup founders: 'Don’t do it for the wrong reasons'

    Unacademy's Gaurav Munjal offers advice to startup founders: 'Don’t do it for the wrong reasons'

    Writing on X (formerly Twitter), Unacademy CEO Gaurav Munjal said that building business in India was a long game and admitted that it took 15-20 years to build an iconic company.

  • Unacademy's Gaurav Munjal says Bengaluru is better than Mumbai, Delhi for startups: 'Odds of your success...'

    Unacademy's Gaurav Munjal says Bengaluru is better than Mumbai, Delhi for startups: 'Odds of your success...'

    'The goal of tech parks in Mumbai and Delhi should be to convert people to go to Bangalore,' said Unacademy founder Gaurav Munjal who studied in Mumbai before moving to Bengaluru.

  • Mumbai doctor calls NEET, JEE 'useless'. Unacademy's Gaurav Munjal reacts

    Mumbai doctor calls NEET, JEE 'useless'. Unacademy's Gaurav Munjal reacts

    Writing on X (formerly Twitter), the doctor wrote in response to Gaurav Munjal's earlier query in which he asked the man whether he was referring to NEET, JEET and United Public Service Commission (UPSC) exams as dumb.

  • Unacademy turns cash flow positive: CEO Gaurav Munjal says company has 4-year runway

    Unacademy turns cash flow positive: CEO Gaurav Munjal says company has 4-year runway

    Unacademy currently has Rs 1,800 crore in the bank.

  • Unacademy appoints Sandhydeep Purri as new Chief People Officer

    Unacademy appoints Sandhydeep Purri as new Chief People Officer

    Purri has 25 years of experience in leadership roles across industries and driving large-scale changes that transform businesses by keeping people at the centre.

  • Rishi Sunak meets Indian entrepreneurs, celebrities at 10 Downing Street. Attendees are...

    Rishi Sunak meets Indian entrepreneurs, celebrities at 10 Downing Street. Attendees are...

    Unacademy founder Gaurav Munjal shared snippets from the week-long event where several entrepreneurs interacted with Rishi Sunak.

  • Today in AI: How would Adam Smith respond to AI, can India build its own AI ecosystem and more

    Today in AI: How would Adam Smith respond to AI, can India build its own AI ecosystem and more

    Our daily TLDR of important AI stories you must know about.

  • 'Have to accept reality': Unacademy CEO reacts to Sam Altman's 'hopeless' comment

    'Have to accept reality': Unacademy CEO reacts to Sam Altman's 'hopeless' comment

    Gaurav Munjal's tweet reacting to Sam Altman's comments about India building a ChatGPT-like tool generated numerous comments, with many agreeing with his views.

  • Unacademy to accelerate ESOP vesting period by one year as it skips cash appraisals

    Unacademy to accelerate ESOP vesting period by one year as it skips cash appraisals

    In February, Munjal had said that Unacademy will not be giving employees a cash appraisal for FY24 (2023-24) adding to a long list of cost-cutting initiatives the edtech has taken in the last 15 months to prioritise profitability amid worsening funding winter.

  • Inside Unacademy: Slowing growth, failed acquisitions, a problem of plenty

    Inside Unacademy: Slowing growth, failed acquisitions, a problem of plenty

    Unacademy’s hope may lie in offline coaching centres, which go against its original goal of tech-driven disruption, but are a dependable and lucrative business model

  • Unacademy’s core business to decline 15% in 2023, group-level revenue to grow 26%

    Unacademy’s core business to decline 15% in 2023, group-level revenue to grow 26%

    Unacademy expects a revenue of Rs 1,250 crore in 2023 on a consolidated basis, up from Rs 992 crore in 2022, Co-Founder and CEO Gaurav Munjal told employees in a message. During the period, it sees its core operating revenue dropping to Rs 620 crore from Rs 732 crore from 2022, he told employees.

  • Unacademy founders, senior leadership to take pay cuts in FY24 in latest cost-cutting initiative

    Unacademy founders, senior leadership to take pay cuts in FY24 in latest cost-cutting initiative

    The latest of the cost-cutting initiatives comes just a day after the SoftBank-backed edtech unicorn, currently India's second-most valued edtech startup, laid off close to 380 employees or about 12 percent of its staff to cut costs with an aim to acheive profitability, at least at the core level.

  • Here's how much severance pay laid off Unacademy employees will get

    Here's how much severance pay laid off Unacademy employees will get

    SoftBank-backed Unacademy has sacked another 12 percent of staff or about 380 employees in its fourth official round of layoffs.

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