Unacademy claims Rs 1,800 crore in the bank, reduces cash burn by 60%. Co-founder & CEO Gaurav Munjal assures employees of more than four years of cash reserve and cash flow positive Q2. Edtech ...
NEW DELHI: Edtech unicorn Unacademy, which has laid off several hundred employees since the onset of the funding winter last year, claimed it has Rs 1,800 crore in the bank and has reduced cash burn ...
According to Tracxn, Unacademy had around 3,850 employees as of September last year. Gaurav Munjal-led edtech startup, Unacademy has laid off around 600 employees, which constitutes 10% of its ...
Edtech firm Unacademy plans to bring down the cash burn in its core business to below Rs 200 crore in calendar year 2025, nearly half of last year’s amount and a sharp decline from over Rs 1,000 crore ...
Test preparation startup Unacademy said its losses narrowed to ₹1,678 crore in FY23 as compared to ₹1,678.15 crore for FY22, while revenue rose 26 per cent during the year to ₹907 crore from ₹719 ...
Edtech firm Unacademy, which aims to make the core business profitable soon, has seen significant improvement in cash burn in its business. The firm's co-founder and CEO Gaurav Munjal in the town hall ...
Edtech firm Unacademy expects to significantly reduce its cash burn in core operations to under Rs 200 crore this calendar year – an 80 percent drop from Rs 1,000 crore just three years ago – as the ...
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