Unacademy

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

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 founders Gaurav Munjal, Roman Saini to step down, in talks to spin off Airlearn as new venture

Munjal, who has been contemplating stepping away since last year, is said to have formally communicated his intent to the board in March this year.

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

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 in talks over $800-mn sale to Allen Career Institute, valuation slashed: Report

The valuation being discussed for Unacademy includes its cash balance of around $160 million, which has become a point of contention between the two parties. This cash balance is being excluded from Unacademy’s enterprise valuation, sources said.

Edtech firm Unacademy promotes Arooshi Singh to Head of HR

This marks the third major promotion at Softbank-backed edtech firm in 2024. Last month, Abhishek Pipara was promoted to Chief Financial Officer (CFO) for the offline business.

Unacademy appoints Abhishek Pipara as CFO of its offline centres business

Pipara will replace Pratik Dalal who joined Unacademy from CRED in January this year. He will focus on driving efficiency, unit economics, growth and profitability at a Centre level.

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

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 COO Jagnoor Singh steps down amid continued leadership rejig

Co-founder Gaurav Munjal and newly-elevated partner Sumit Jain to take direct charge of operations, sources tell.

'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

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 lays off 250 employees across functions like product, marketing and sales

Of the impacted employees, 100 are from core functions such as marketing, business and product, while the rest are from sales.

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 co-founder and CTO Hemesh Singh steps down, to take up advisory role

Singh expressed his gratitude for the opportunity to be part of Unacademy's journey and highlighted the transformative impact the company has had on the test preparation industry.

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'

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.

Ex-Unacademy COO Vivek Sinha raises $11 mn from Lightspeed, Matrix for edtech startup

This comes months after Moneycontrol exclusively reported the deal in December and said that Oyo group CEO and founder Ritesh Agarwal and Unacademy CEO and co-founder Gaurav Munjal also participated in the round.

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

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.

Bengaluru man escapes being scammed for Rs 10,000 after posting an ad for iPad on Olx

Sharing screenshots from the conversation, Unacademy senior vice President Hardik Pandya showed how the conman alias Dilip Vikas first pretended to transfer Rs 26,000 into his account -- Rs 10,000 more than the agreed amount.

SoftBank-backed Unacademy’s losses shrink 41% in FY23, revenue growth slows

Unacademy reported a 26 percent rise in operating revenue to Rs 907 crore from Rs 719 crore a year earlier

Unacademy ex-COO Vivek Sinha raises $11 million from Lightspeed, Matrix for edtech venture

Sinha’s previous bosses, Unacademy CEO Gaurav Munjal and Oyo founder Ritesh Agarwal, are also backing his latest venture

Meet the Patna Uber driver with a Master's degree, who watches Netflix and has UPSC dreams

A man recently met an Uber driver in Patna, who was pursuing an 18-month UPSC course on edtech platform Unacademy after having completed a Masters degree in Geography.