Who is taking over Unacademy?

Unacademy isn't being "taken over" yet, but is undergoing major shifts: Co-founders Gaurav Munjal & Roman Saini are stepping back for a spinoff (AirLearn), with Sumit Jain now leading the core business, as Unacademy pivots towards offline coaching and faces potential acquisition talks, notably with UpGrad (though talks recently failed due to valuation) and earlier Allen Career Institute, signaling consolidation in the edtech sector.

Which company is acquiring Unacademy?

UpGrad will take over the main test-prep and offline centres. Unacademy cut its yearly losses from ₹1,000 crore to ₹100 crore and still has ₹1,200 crore in cash. In FY24, it made ₹839 crore in revenue, with losses down 62%.

Who is the current owner of Unacademy?

History. 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.

What happened to Unacademy now?

Edtech firm Unacademy will exit its company-operated offline centres and transition fully to a franchise-led model over the coming months, founder Gaurav Munjal told employees in an internal email, marking a significant shift in how the company runs its offline business.

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.

The TRUTH Behind Unacademy's Decline

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 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.

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.

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.

Is Unacademy in Losses?

Despite the year-on-year decrease in the total revenue from the last two fiscal years, edtech unicorn Unacademy has managed to reduce its EBITDA losses by 37.6% year-on-year in the fiscal year ending March 2025.

Is Roman Saini a billionaire?

Meet the man Roman Saini, now a Billionaire. Praaber Kumar don't think so. If his venture wouldn't have worked he would have utilised these degrees. Also the courage to start some thing so big comes from the educational background as well..

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.

Does Byju own Unacademy?

After Byju's, Unacademy has been acquired by Allen Institute for ₹6500 crore (around $800 million). This deal is part of Allen's plan to expand its presence in the online education space.

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.

Why did the Unacademy valuation drop?

“The deal fell through as the two parties could not agree on a final valuation,” one of the sources said. According to reports, Unacademy was seeking a valuation of around $300 Mn to $400 Mn for the acquisition. Inc42 could not independently ascertain the valuation that upGrad was willing to offer for the deal.

Who is the new CEO of Unacademy?

Gaurav Munjal - Unacademy | LinkedIn.

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.

How rich is Unacademy?

The deal will value Unacademy at about $300-$400 million ( The company was last valued at around $3.4 billion (around ₹28,000 crore) in its private funding in 2021.

Who is Dr. Roman Saini?

At 22, he aced UPSC and became an IAS officer. But Roman Saini had bigger dreams. In 2016, he left the prestigious civil services to revolutionize education. With Gaurav Munjal and Hemesh Singh, he co-founded Unacademy, turning a simple YouTube channel into India's leading EdTech platform—now valued at ₹26,000 crore!

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.

Which is the No 1 education brand in India?

E-Max India - No. 1 Education Brand India | LinkedIn.

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 is richer, Karan Aujla or Honey Singh?

Honey Singh OR Karan Aujla: WHO IS RICHER? According to the estimates, Honey Singh appears to be richer than Karan Aujla with a net worth of Rs 205 crore compared to Aujla's Rs 108 crore. However, both artists have achieved significant success in their careers.

Why is technical guruji so rich?

Why is Technical Guruji so rich? Technical Guruji's main source of income is his two YouTube channels: one is his personal channel, and the other goes by the name of Technical Guruji. He is also into the family business and advertisements on Google and he also works as a Security System Engineer in Dubai.