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Merger Or Acquisition? Unacademy, K-12 Techno Services And Edtech’s Trust Deficit
Despite having higher revenue than K-12 Techno (as of FY23), Gaurav Munjal-led Unacademy is far from profitable (more on this later). Currently, K-12 Techno runs Orchids International Schools in ...
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Unacademy’s FY24 losses narrow 62%, revenue declines 7% as business shrinks
Operating revenue declined by 7% to Rs 840 crore from ... In April 2022, it fired around 1,000 contractual and full-time employees. Unacademy, started as a YouTube channel by Gaurav Munjal ...
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Why Unacademy’s Relevel Failed To Level Up
When it comes to cost-cutting, the Unacademy group is downsizing the one part of the Relevel operations that was generating the revenue, because it couldn’t scale up this team without spending ...