Temasek-backed Unacademy is planning to shut down its centre business and convert it into a franchise model, founder Gaurav Munjal told employees. “Over the coming months, we will exit our ...
Just over nine months ago, in April 2025, Unacademy CEO Gaurav Munjal proclaimed that nearly 70% of the company’s offline coaching centres would turn profitable by the end of the year. At the time, it ...
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 ...
Edtech firm UpGrad has called off its proposed acquisition of Unacademy at a valuation of around USD 290 million, citing valuation concerns and business-related challenges within the Temasek and ...
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India’s edtech consolidation narrative has hit a pause button. UpGrad has called off its proposed acquisition of Unacademy after months of discussions, citing valuation concerns and unresolved ...
New Delhi: Edtech company Unacademy will shut down its company-run offline centres and move fully to a franchise model over the next few months, founder Gaurav Munjal told employees in an internal ...
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 ...
Founded in 2015, Unacademy is an edtech company. The unicorn offers a digital learning platform for competitive exam preparation, such as UPSC, IIT JEE, NEET, CAT ...
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 ...
New Delhi: Edtech firm UpGrad has called off a deal to acquire Unacademy at a valuation of around USD 290 million, citing valuation concerns and various business-related challenges within the Temasek ...
Acquisition discussions between Unacademy and upGrad, which had been ongoing for several months, reportedly ended after both parties failed to reach consensus on valuation and deal structure. This ...
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