Who is buying Unacademy?

No one has officially bought Unacademy, but there were recent, failed acquisition talks with upGrad (Ronnie Screwvala's firm) and earlier, also failed, discussions with ALLEN Career Institute, both stumbling over valuation differences, leaving Unacademy seeking new strategies after significant drops from its peak valuation.

Who purchased Unacademy?

Unacademy's Acquisition by UpGrad: A Brutal Reset for India's EdTech.

Who is the main owner of Unacademy?

Unacademy started off as a YouTube channel created by Gaurav Munjal in 2015 when he was an engineering student in Mumbai. Gaurav uploaded a short video tutorial on computer graphics on his YouTube channel to help his peers prepare for the semester exams.

Why is Allen acquiring Unacademy?

This potential deal highlights the challenges facing India's edtech sector post-pandemic and the growing shift toward hybrid education models. ALLEN, founded in 1988 is a coaching giant with decades of success.

Why did Unacademy downfall?

Several converging factors explain why many teachers have been leaving Unacademy recently. These fall into four broad categories: platform economics, product and policy changes, career lifecycle and alternatives, and cultural/operational issues.

How Investors FORCED Unacademy's Founders To Exit

Is Unacademy going to shut down?

🚨 Unacademy is planning to shut down offline centers and shift to a franchise model. 🚨 Unacademy is planning to shut down offline centers and shift to a franchise model.

Is Gaurav Munjal a billionaire?

Gaurav Munjal Net Worth is approximately $1.2 Billion. Gaurav Munjal is a Co-founder and CEO of Unacademy. Unacademy is one of India's biggest online learning platforms. It helps students prepare for exams and learn new skills.

Did the CEO of Unacademy resign?

Unacademy founders exit operations amid strategic shift; Sumit Jain named CEO: Report. Unacademy is undergoing a significant leadership transition as co-founder Gaurav Munjal steps down as CEO, with Sumit Jain, a current board member, taking over.

Which is India's biggest edtech company?

BYJU'S. This company undoubtedly tops the list as it is the trailblazer of Indian Tech. BYJU'S set the benchmark for online learning platforms in India, becoming the most valued EdTech company globally.

What is the future of Unacademy?

SoftBank-backed Unacademy will shut its company- operated offline centres and transition to a franchise partnership model, a move aimed at cutting costs and reinforcing its online-first strategy.

Which teachers left Unacademy?

Raman Sir has apparently left Unacademy and to make things worse, they've gone ahead and deleted his videos too. Bruhh… chaos chalu ho gaya chaaro taraf se. Everyone I know who followed his Quant lectures religiously (me included) is now panicking and wondering what's next.

What is the highest paid teacher in Unacademy?

Unacademy Teacher Salary FAQs

The average salary of a Teacher at Unacademy in India typically ranges from ₹3.0 Lakhs to ₹4.3 Lakhs per year, depending on experience (from Fresher to 8 years). The top 10% of Teacher at Unacademy earn more than ₹8.0 Lakhs per year, and the top 1% earn over ₹10.0 Lakhs per year.

Is Unacademy under debt?

As of March 2025, Unacademy had a cash and cash equivalent balance of Rs 1,238 crore, as per the document. In April, Munjal stated that the company is financially stable, and that units such as Graphy and PrepLadder are generating positive cash flows each month.

Is Roman Saini a billionaire?

In 2020, he became the fourth-richest Indian with a net worth of $16.5 billion. He was ranked #117 on the global list of billionaires. He was ranked #87 on the global list (Forbes) of billionaires 2022 with a net worth of $18.9 billion. After dropping out of college, Mr.

Did Roman Saini quit Unacademy?

It's official: Gaurav Munjal and Roman Saini are stepping out of Unacademy. A company once valued at $3.4 billion.

What is the net profit of Allen?

Allen Career Institute Kota, India's top offline coaching brand, has reported a 70% drop in net profit for FY25 down to ₹41 crore from ₹136 crore in FY24, even as revenue stayed largely stable at ₹3,067 crore. But this sharp decline isn't due to weak demand; it's part of a massive strategic overhaul.

What is the richest tech company in the world?

NVIDIA is the largest technology company in the world, with a market cap of $4.54 trillion. NVIDIA is followed by Apple ($3.94 trillion), Alphabet ($3.82 trillion), Microsoft ($3.53 trillion), and TSMC ($1.69 trillion).

Will EdTech survive in India?

The EdTech industry in India experiences rapid growth because people rapidly adopt digital technologies while seeking better educational opportunities. The EdTech sector achieved $48.9 billion in value during 2023 before analysts predicted it will reach $125.8 billion by 2032.

What are the top 10 EdTech companies?

Top EdTech companies include global leaders like Coursera, Udemy, Duolingo, and Chegg, focusing on online courses and skills; major players in K-12/higher ed like BYJU'S, Unacademy, and Edmentum; and specialized platforms such as Kahoot! (gamification), Nearpod (interactive lessons), and Udacity (tech skills), with big tech like Google and OpenAI also deeply involved in the sector. Rankings vary by focus (e.g., K-12 vs. professional), but these consistently appear among the largest and most influential. 

Who is the wife of Unacademy CEO?

It was a Unacademy full house for founder Gaurav Munjal's wedding recently as top management from the Bengaluru-based start up dropped in to wish Munjal and his new bride, Reema Behl. The couple tied the knot with much fanfare in th e groom's hometown, Jaipur on February 17.

Where is Gaurav Munjal from?

Gaurav Munjal, born in 1991 in Mumbai, India, is an entrepreneur and co-founder of Unacademy, an ed-tech platform that evolved from a successful YouTube channel.

Is Unacademy being sold?

Edtech firm Up-Grad has called off a deal to acquire Unacademy at a valuation of around $290 million, citing valuation concerns and various business-related challenges within the Temasek and SoftBank-backed start-up, according to sources.

Who are the 4 Munjal brothers?

The origins of Hero Group can be traced to 1956 when Hero Cycles Limited was established by the Munjal brothers, namely Dayanand Munjal, Satyanand Munjal, Brijmohan Lall Munjal and O. P. Munjal. Hero has since become synonymous with two-wheelers in India.

Who has 1 lakh crore net worth?

☆Mukesh Ambani is India's richest Hindu with a net worth of approximately ₹9 lakh crore (or $108.3 billion), while Azim Premji is the wealthiest Muslim with a net worth of about ₹1 lakh crore (or $11.6 billion).

Who is the wife of Rahul Munjal?

Pooja Munjal has been as involved in creating a better future with Raman Kant Munjal Foundation as her spouse Mr. Rahul Munjal has been with #HFE as the Chairman and MD. We are proud of her contribution to women's empowerment across communities.