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Edtech unicorn Unacademy buys test prep firm Gate Academy

TMT

06 September, 2022

Edtech unicorn Unacademy buys test prep firm Gate Academy

Edtech major Unacademy has clocked its 9th acquisition in 2022 so far, by bringing under its umbrella Bengaluru-based test prep ......

Unacademy's partner and CMO Karan Shroff steps down

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01 September, 2022

Unacademy's partner and CMO Karan Shroff steps down

In a senior level exit at Softbank-backed edtech unicorn Unacademy, the firm's partner and chief marketing officer Karan Shroff has ......

Softbank-backed Unacademy sacks 150 staff in second layoff drive

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19 June, 2022

Softbank-backed Unacademy sacks 150 staff in second layoff drive

Edtech unicorn Unacademy has asked 150 employees to leave after a performance improvement plan. This comes after Unacademy, operated by Sorting ......

Ex-Xiaomi exec joins Unacademy as chief business officer to lead offline ops

People

16 June, 2022

Ex-Xiaomi exec joins Unacademy as chief business officer to lead offline ops

Edtech unicorn Unacademy has appointed Sunil Baby as chief business officer to spearhead growth and expansion of its offline network.  The ......

Softbank-backed Unacademy axes 600 staff in cost-cutting drive

People

07 April, 2022

Softbank-backed Unacademy axes 600 staff in cost-cutting drive

Even as edtech startup valuations have been soaring with a surge in demand for remote learning over the last two ......

IPO-bound Unacademy lets go of over 100 consultants due to "restructuring"

People

17 March, 2022

IPO-bound Unacademy lets go of over 100 consultants due to "restructuring"

India's rapidly-growing edtech sector is beginning to show chinks in its armour. A month after Lido Learning asked over 1,200 ......

Unacademy eyes IPO in two years; roll outs offline experience stores

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11 March, 2022

Unacademy eyes IPO in two years; roll outs offline experience stores

Edtech platform Unacademy has launched an experience store in New Delhi called ‘Unacademy Store’ even as it plans to go public in two ......

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Tech startups turn hiring switch on for Lido Learning employees

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04 March, 2022

Tech startups turn hiring switch on for Lido Learning employees

Technology startups, including some of the country’s top edtech and other software firms, have begun onboarding employees from Lido Learning ......

Unacademy sees over four-fold growth in FY21 revenue but losses also jump six-fold

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22 November, 2021

Unacademy sees over four-fold growth in FY21 revenue but losses also jump six-fold

Edtech platform Unacademy’s consolidated net loss widened more than six times on the back of rising promotional and employee benefit ......

Unacademy buys NeoStencil in sixth acquisition this year

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31 December, 2020

Unacademy buys NeoStencil in sixth acquisition this year

Education-technology unicorn Unacademy has struck its sixth acquisition of the year, deepening its reach in the test-preparation segment.  The company has ......