Unacademy's founder says startup is now worth less than $500M, confirms M&A talks

Unacademy's valuation has dropped by over 85% from its pandemic-era peak price tag of $3.5 billion, its founder said.

Spent less than $50M to reach a valuation of $1.5B, but...: Unacademy’s Gaurav Munjal shares M&A plans on 10th anniversary

In a post on X, Munjal acknowledged that Unacademy’s valuation has fallen sharply from around $3.5 billion in 2021 to under ...

Unacademy explores M&A, says CEO Gaurav Munjal

Unacademy’s CEO Gaurav Munjal discusses M&A strategies to stabilize the company amid significant market challenges and ...
YourStory

Unacademy's Gaurav Munjal confirms M&A rumours on Co's 10th anniversary

Gaurav Munjal has confirmed that Unacademy is in talks for potential mergers and acquisitions, and is open to consolidation ...
Indiatimes

Unacademy reduces cash burn by 60%, has Rs 1,800 crore in the bank: CEO

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 ...
The Free Press Journal

Unacademy's Relevel Users Demand Complete Refund; Edtech Giant Maintains Transparency

Mumbai: Months after The Free Press Journal reported concerns being raised by job aspirants about not receiving refunds from Unacademy’s Relevel, many are still demanding answers from the hiring tests ...
Indiatimes

From $3.4 billion to $800 million: Unacademy may be looking for a buyer as valuation takes a major hit

Edtech firm Unacademy, once valued at $3.4 billion, is reportedly in acquisition talks with Allen Career Institute for $800 million. The deal hinges on approval from Allen's promoters, the Maheshwari ...
Mint

Millions of Unacademy user accounts exposed in data breach: Report

Bengaluru based edtech start-up Unacademy was targeted by a cyberattack in January 2020, resulting in exposure of over 20 million user accounts, which were later sold on Dark Web (part of the internet ...