Page 2 - Unacademy

Edtech platform Unacademy lays off 2.6% employees due to poor performance

Edtech platform Unacademy on Saturday said that a small fraction of its workforce (2.6 per cent) has been asked to go as part of performance improvement programme (PIP)

Consumer affairs ministry to set up panel for FAQ on cryptocurrencies

Calls meeting to discuss complaints against edutech firms

Consumer Affairs Ministry to hold meeting with edtech firms amid complaints

Consumer Affairs Secretary Rohit Kumar Singh said: "We are aware of this. I have called a meeting of edutech companies next week or so".

Edtech sector in crisis as Covid curbs ease; hybrid model offers hope

After two boom years, it is struggling with falling demand but exploring hybrid models as a way out

Funding may dry up for next 12-18 months: Unacademy CEO tells employees

Travel only if it is absolutely needed and meetings that can happen on Zoom should happen on Zoom, Gaurav Munjal tells employees

Top headlines: Unacademy CEO sends an SOS; govt calls off BPCL divestment

Business Standard brings you the top headlines on Thursday

Unacademy CEO Gaurav Munjal says funding winter can last up to 18 months

In a letter to employees, Unacademy's co-founder and CEO Gaurav Munjal said that "we must learn to work under constraints and focus on profitability at all costs"

IPL 2020: Edu-tech firm Unacademy set to fight for title sponsorship rights

A BCCI official confirmed that Unacademy has picked up the bid papers but refrained from making any comments beyond that

IPL 2020: Dream11 wins title sponsorship rights; pips Byju's, Unacademy

It was unclear whether the fantasy sports platform would now give up its existing associate partnership with the IPL

Edtech leads investments in education sector; $1.1 bn poured in 2020

With Covid-19 changing how education is imparted, education sector received the highest-ever annual investment in this year

How pandemic has brought changes in edtech sector

The Covid-19 crisis has been a major catalyst in enhancing the learning process not just for students and educators, but for investors as well

India's leading edtech firms announce formation of self-regulatory body

The India EdTech Consortium (IEC) under the aegis of IAMAI, will ensure that every learner shall have access to quality and affordable education

Unacademy layoffs: What's stressing India's edtech sector?

Around 1,000 employees of Unacademy were laid off recently. Experts believe, it was trying to control cash burn after hiring to meet ambitious targets. So what is the road ahead for ed-tech sector?

Covid-19 lesson for edtech companies, coaching centres: Go Hybrid

In a post-pandemic world, traditional test preparation players such as ALLEN and Aakash are looking to grow in both directions - online and offline

In struggle to get employees back to office; companies tread cautiously

In some small companies and mid-cap IT services, 20-30 per cent of people are already back in office, especially in areas where heavy engineering and design concepts are required

SoftBank-backed Unacademy lays off 600 employees in cost-cutting drive

That's nearly 10% of the company's workforce and comes in the aftermath of the pandemic; the move follows termination if 100 staffers from PropLadder team in March

Edtech unicorns go hybrid to tap India's $180 billion education sector

Innovations and strategies in the works to build offline presence

Edtech unicorn Unacademy to open offline experience centres

Company has plans to establish similar touchpoints across the country starting with Kota, Jaipur, and Lucknow

Edtech firm Unacademy eyeing IPO in next few years, says co-founder

Unacademy Group co-founder and CEO Gaurav Munjal also said the company is looking to expand its Relevel division -- which is a test platform for private jobs -- to global markets

With culture at stake in unicorn land, spotlight on founder-VC equation

The BharatPe saga raises questions about the impact of outsized investor shareholding in young enterprises