‘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
Profitability over growth is the new mantra as start-ups course-correct to keep the funding tap on.
The edtech unicorn will lay off around 380 employees.
The number of funding rounds has dropped by 30% to 1,841 so far this year from 2,647 seen in the Jan-Nov period last year, according to a report by Tracxn
Amazon Academy will discontinue operations starting August 2023; to wind down in a phased manner to take care of current customers.
Light At the End Of The Tunnel: Why the K-12 edtech boat is rockier than higher-ed
Firms will have to expand their footprint in non-metros, which present a huge opportunity, and will need to devise affordable product pricing, says Mayank Kumar, co-founder & MD at upGrad
The edtech startup, which has more than ₹2,800 crore in the bank, says it is not efficient at all.
Byju's says it has integrated Toppr and absorbed 80% of workforce; it’s now optimising teams to recalibrate business priorities
Udaan says various steps have been taken to enhance efficiency, refine cost structure and grow faster but it also resulted in certain redundancies