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Unacademy News

07 Oct 2024

Meet Richest Man In Prayagraj Who Owns India’s Latest Unicorn Company

Physics Wallah CEO Alakh Pandey Success Story: Alakh Pandey, founder of Physics Wallah, has become one of India's top young entrepreneurs, as recognised by the Hurun List of under-35 achievers. Based in Noida, Uttar Pradesh, Physics Wallah has grown into a major ed-tech company with 8 million YouTube subscribers. Unlike its competitors, like Byju's, Unacademy, and Vedantu, which are still losing money, Physics Wallah is different because it is making a profit. Alakh Pandey's journey from a small-town tutor to a billionaire EdTech leader highlights the power of passion, perseverance, and dedication to education.

09 Jun 2024

He Cracked AIIMS Exam, Cleard UPSC To Become IAS Then Quit Job For Startup

Despite a promising career in civil service, Dr. Roman Saini's entrepreneurial spirit led him to resign from his prestigious position in 2015.

15 Dec 2023

Meet This Patna's Uber Driver Who Has Master's Degree In Hand And UPSC Dreams

Despite his qualifications, he is currently working as an Uber driver. Recently, a passenger shared an inspiring story on X (formerly Twitter), highlighting the driver's commitment to self-improvement.

12 Jul 2023

Doctor Turned IAS Officer Who Cracked UPSC Quit IAS Job To Build A 26K Cr Firm

This business venture was founded in Bangalore under the name "Unacademy." It has been created as a useful platform and online course for students enrolled in UPSC Coaching. In the beginning, Unacademy solely offered UPSC coaching. It is currently being used in medical, engineering, and academic fields.

30 Mar 2023

Indian Ed-Tech Unacademy Lays Off 350 Employees, Or 10% Workforce

In November last year, Unacademy laid off 10 per cent of its workforce or nearly 350 employees, as funding winter deepens for the Indian startup ecosystem.

24 Mar 2023

BYJU's, Aakash Deny Merger Talks With Rival Unacademy

An Aakash spokesperson said that they have had "absolutely no discussions with Unacademy or any other player to merge with Aakash Educational Services.

07 Nov 2022

'Deeply saddened': Unacademy lays off 350 employees, says CEO Gaurav Munjal

Unacademy announced that it will be laying off 10 per cent of its 'extremely talented' workforce Around 350 employees from across the verticals will lose their jobs Employees to receive detailed communication from HR within 48 hours.

18 Aug 2022

Unacademy Founder Gaurav Munjal and Relevel deny layoffs

No layoffs. We have moved some team members to other Businesses in the Group, Munjal tweeted. At Unacademy, we are working towards profitability as a core objective, said Company's spokesperson. Many reports were pouring in regarding the laid-off of employees in the company.

11 Jul 2022

Unacademy plans to cut complimentary meals, salaries for THIS reason

Munjal says that the SoftBank-backed company has Rs 2,800 crore in the bank. Management and founders had already accepted wage cuts and closed down operations that are not meeting expectations. Munjal had cautioned employees in May to labour under 'constraints,' citing risks of a 'financial winter.'

04 Jul 2022

Over 22K techies lose jobs in US, more than 12K in Indian startups

Tech and startup sector hammered by economic meltdown. Difficult in raising new funds. Employees being tripped and downsized by globally recognized companies .

18 Jun 2022

Unacademy lays off 150 employees from its PrepLadder team: Report

PrepLadder prepares students for medical examinations. It provides access to education services and preparation material. In April, Unacademy laid off nearly 600 employees.

01 Jun 2022

Ashneer Grover advises VCs to ‘right-size’ themselves before guiding startups

The fact is VCs firms need to right-size their own teams by 80% The VC firms are advising startups to focus on sustainable growth Startups are facing the heat as the funding winter is here

26 May 2022

Unacademy urges staff to focus on profitability at all costs to survive winter

Unacademy last week announced its foray into opening physical tuition centers Edtech platforms are seeing a significant dip in demand for online learning Edtech startup Lido Learning which is backed by top entrepreneur Ronnie Screwvala

18 May 2022

'I am truly sorry,' says Vedantu CEO as edtech firm fires over 420 employees

The CEO said in the email that the external macroeconomic environment currently is tough. He cited situations such as the Russia-Ukraine war, recession fears, and Fed interest hikes. Edtech startups such as Unacademy, Lido Learning, and WhiteHat Jr, among others.

10 May 2022

Unacademy's yet another campaign #MeriPehliAcademy goes viral, hits home

#MeriPehliAcademy campaign has been dedicated to all the mothers.

06 May 2022

Vedantu fires employees after hundreds lose jobs at Unacademy, Lido Learning

The edtech industry is facing turbulent times. Edtech companies are witnessing a significant dip in the demand for online learning. Companies are either shutting shop or cutting down on their budgets.

15 Apr 2022

From Meesho to Unacademy, 6 startups that FIRED employees in 2022!

Check the list of startups that laid off employees in 2022:

Unacademy Layoffs

08 Apr 2022

Unacademy fires around 600 employees due to non-performance: Report

The retrenched employees include contractual workers and educators, one of the sources quoted in a PTI report said. Unacademy spokesperson said that the company is built on a culture of high performance and transparency.

16 Sep 2021

Unacademy Referral Code PLUSG7DHW to Get 10% off on Sign Up

Unacademy is offering 10% off using a Referral Code Unacademy app can be downloaded from playstore The steps to use Referral Code are listed here

Indian Premier League

29 Aug 2020

BCCI announces Unacademy as IPL's official partner for next three seasons

IPL 2020 edition will be held in the UAE from September 19 onwards. IPL Chairman Brijesh Patel said about the association, "IPL Is the most-watched cricket league in India and as a homegrown Indian edutech company we believe that Unacademy can create a huge positive impact on the aspirations of the audience watching, especially the millions of Indian youth who are seeking inspiration in their careers."

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