Unacademy

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About Unacademy

Unacademy is India’s largest, online learning platform. It allows educators to create courses on various subjects. Our vision is to get the best minds of the country to share knowledge in an easily comprehensible form. In terms of traction, our platform attracts more than two million video views monthly and the growth is mostly organic. You can find out more about our journey in this YourStory article: https://yourstory.com/2016/08/unacademy-funding-blume-ventures/. • In a span of 6 months, over 300,000 students have benefited from over 2,400 online lessons and specialized courses on cracking various competitive examinations, on our platform. • With over 2 million views every month, we are touching the lives of people in the remotest corners of the country. Check us out: https://blog.unacademy.com/ https://medium.com/@unacademyHQ Our Channels on YouTube: https://www.youtube.com/user/unacademy https://www.youtube.com/channel/UCHEe_mO3BXSlU3xpK52Zr4g Follow us: Facebook: https://www.facebook.com/unacademy Instagram: https://www.instagram.com/unacademy/ Twitter: https://twitter.com/unacademy
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Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 3.0/5 based on 2k reviews | 3.1/5 based on 16.3k reviews | 3.4/5 based on 2.7k reviews | 3.8/5 based on 2.1k reviews |
Highly Rated for | No highly rated category | No highly rated category | No highly rated category | Skill development Work-life balance |
Critically Rated for | Job security Promotions Work satisfaction | Job security Work-life balance Company culture | Job security Promotions Work satisfaction | No critically rated category |
Primary Work Policy | Work from office 63% employees reported | Work from office 62% employees reported | Permanent work from home 57% employees reported | Work from office 50% employees reported |
Rating by Women Employees | 3.1 Average rated by 691 women | 3.2 Average rated by 3.7k women | 3.4 Average rated by 982 women | 3.9 Good rated by 1.2k women |
Rating by Men Employees | 2.9 Poor rated by 1.2k men | 3.0 Average rated by 10.9k men | 3.0 Average rated by 967 men | 3.7 Good rated by 559 men |
Job security | 2.2 Poor | 2.4 Poor | 2.5 Poor | 3.6 Good |
Unacademy Salaries
Senior Business Development Executive
Business Development Executive
Sales Manager
Educator
Category Manager
Senior Business Development Associate
Sr. BDE
Business Development Manager
Business Development Associate
Associate Director
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Unacademy News
Exclusive: Ex-Unacademy CBO Abhinav Agarwal’s New Eyewear Startup Raises $2.2 Mn
- Former Unacademy CBO Abhinav Agarwal is launching an eyewear startup and has secured $2.2 million in seed funding led by India Quotient.
- Angel investors participating in the funding round include notable names like Gaurav Munjal, Kunal Shah, Kunal Bahl, and others.
- The startup, currently in stealth mode, will use the funds for research, brand building, team expansion, and inventory.
- Agarwal, with prior experience at Unacademy and cofounding DoorMint, aims to enhance eyewear quality in India without compromising on design or experience.
- The startup plans to sell products online and through physical stores, with a virtual try-on feature on its upcoming website.
- The founder highlights the gap in quality eyewear available at premium prices and aims to address this gap in the market.
- The evolving eyewear industry, now a blend of utility and fashion, presents a significant opportunity due to increasing disposable incomes.
- The Indian eyewear market is projected to reach $6.24 billion by 2025 with a growth rate of 5.26% till 2029 according to Statista.
- Competition for the startup includes tech players like Lenskart and ClearDekho, alongside traditional brands like Titan and Himalayan Eyewear.
- Agarwal's venture plans to focus on retail outlets for better user engagement and feedback, aiming to leverage the personal touch of in-store experiences.
- The formal launch of the startup is expected in the upcoming months, coinciding with the opening of its first physical store.
- Despite competition, the startup sees potential in the market due to the growing consumer interest in eyewear as a fashion statement.
- The news was initially reported by Inc42 Media.

Gaurav Munjal Likely To Hold Larger Stake In Airlearn Post Spin Off
- Gaurav Munjal may hold a larger stake in Unacademy's Airlearn post spin-off.
- Currently, Munjal holds 3.4% stake in Unacademy and is looking to increase his share in Airlearn.
- Munjal is in discussions with investors for additional funding for the spin-off.
- Unacademy's revenue primarily comes from offline business, but Munjal aims for a tech-led model with Airlearn.

Unacademy founders Gaurav Munjal and Roman Saini to exit company, in talks to spin off Airlearn as new venture
- Unacademy co-founders Gaurav Munjal and Roman Saini are set to exit the company within the next 2-3 months.
- They are in talks with the board and investors to spin off Airlearn, Unacademy's language learning app, as a separate entity.
- Sumit Jain, co-founder of Unacademy's subsidiary Graphy, will take over as CEO of Unacademy.
- Unacademy plans for a succession strategy as Munjal and Saini are expected to leave post Airlearn spin-off, with a focus on reducing cash burn and improving financial performance.

Unacademy founders Munjal, Saini to exit operational roles; Airlearn spin-off in works
- Unacademy founders Munjal and Saini are stepping back from operational roles to focus on spinning off Airlearn into a separate entity.
- Munjal will transition to lead Airlearn once the demerger is finalized, with discussions ongoing with investors and the board.
- Sumit Jain, founder of Graphy, will take over Unacademy's offline operations as part of the succession plan.
- Unacademy's revenue decreased by 7.4% in FY24, but net losses narrowed significantly, positioning the company in a financially stable state.

Unacademy founders’ shift to AirLearn, Jain’s offline role are strategic: Gaurav Munjal to employees
- Unacademy cofounders Gaurav Munjal and Roman Saini are dedicating substantial time and resources to AirLearn, a new language learning platform, while Sumit Jain is focusing on strengthening the company's offline business.
- Munjal mentioned that their increased involvement in AirLearn and Jain's concentration on the offline business are strategic moves aligned with Unacademy's long-term goals.
- Discussions about Munjal's potential exit from Unacademy due to his lack of interest in running an offline coaching business have been ongoing for more than a year. The terms of the founders' departure, including a cash payout and retaining equity, are currently being negotiated.
- Unacademy is reassuring its staff that despite the founders' changes in roles, the company is performing well with reduced burn rate and a healthy balance sheet, as per Munjal's email to employees.

Unacademy Founders Gaurav Munjal and Roman Saini Step Down to Launch AirLearn
- Unacademy co-founders Gaurav Munjal and Roman Saini are stepping down from active roles to focus on their new venture, AirLearn.
- Sumit Jain, a board member at Unacademy since 2020, will take over as CEO from Munjal, who led the company along with Saini.
- The move follows strategic shifts at Unacademy, including a move towards offline coaching centers and a reevaluation of its online test preparation model.
- Munjal and Saini's new venture, AirLearn, a language learning app, has shown strong initial growth, with an annual recurring revenue of almost $400,000 in the U.S. shortly after its launch.

Unacademy Cofounders Gaurav Munjal & Roman Saini To Exit: Report
- Gaurav Munjal is stepping down from the CEO role at Unacademy, with Sumit Jain set to take over.
- Roman Saini is also leaving day-to-day operations at Unacademy amidst organisational restructuring.
- Unacademy's shift towards the language learning platform AirLearn has raised concerns among shareholders.
- Munjal and Saini will continue to hold their stake in Unacademy even after exiting operational roles.

70% Of Unacademy’s Offline Centres To Turn Profitable In 2025: CEO Gaurav Munjal
- Unacademy CEO Gaurav Munjal claims that 70% of the startup's offline centres are expected to turn profitable in 2025.
- Unacademy's offline centres contributed 40% of its total revenue in 2024.
- Munjal emphasizes the importance of focusing on profitability and not getting distracted by competitors' acquisition strategies in the edtech market.
- Unacademy's language learning app, Airlearn, has seen significant growth with 70K daily active users and $2 Mn in annual recurring revenue.

Edtech bonhomie: Unacademy CEO Gaurav Munjal defends IPO-bound Physics Wallah
- Unacademy CEO Gaurav Munjal defended rival PhysicsWallah as the latter moves towards an IPO.
- Angel investor Aniruddha Malpani criticized PhysicsWallah's coaching culture on social media.
- Munjal disagreed with the criticism, stating that PhysicsWallah is a good company and a valuable competitor.
- PhysicsWallah filed draft papers for an IPO, being present in 135 cities and catering to millions of students.

Food delivery startup Swish raises Rs 122 crore from investors led by Hara Global and Accel
- Bengaluru-based 10-minute food-delivery startup Swish raises $14 million (about Rs 122 crore) in a funding round led by Hara Global and Accel.
- Funding also involved angel investors like Cred founder Kunal Shah, Unacademy founder Gaurav Munjal, and Softbank partner Sumer Juneja.
- The capital will enable Swish to expand operations in Bengaluru and introduce quick food delivery to more areas in the near future.
- Previously reported plans indicated Swish's aim to secure a funding round of $15-20 million.
- Swish had earlier raised $2 million in its first funding round led by Accel, bringing its total funding to $16 million.
- Founded in 2024, Swish undertakes food preparation to delivery within a 1.5-2 km radius, managing multiple cloud kitchens in Bengaluru.
- The 10 to 30-minute delivery services are rapidly growing in urban markets, with platforms like Blinkit, Bolt, and Cafe entering the quick-commerce space.
- Hara Global praised Swish's innovative approach in revolutionizing the restaurant industry for quick commerce.
- Accel's partner Abhinav Chaturvedi commended Swish's scalable product and delivery model, anticipating further customer satisfaction and growth.

Unacademy Subsidiaries
PrepLadder
CodeChef
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