‘Building for long run’: Founder Gaurav Munjal after 250 layoffs at Unacademy
Unacademy says the latest "restructuring" was necessary to focus on sustainable growth and profitability
Unacademy says the latest "restructuring" was necessary to focus on sustainable growth and profitability
The edtech unicorn will lay off around 380 employees.
The edtech startup, which has more than ₹2,800 crore in the bank, says it is not efficient at all.
Currently valued at $3.44 billion, Unacademy expects its core test-prep business to turn profitable in the next 12 months.
“We have one successful product. I want us to be a company which has multiple successful products."