#Unacademy has announced its largest #ESOP buyback plan worth $10.5 million for its team members and educators.
Read at: https://www.moneycontrol.com/news/business/unacademy-announces-esops-buyback-worth-10-5-million-7430481.html?utm_source=telegram&utm_medium=social
Read at: https://www.moneycontrol.com/news/business/unacademy-announces-esops-buyback-worth-10-5-million-7430481.html?utm_source=telegram&utm_medium=social
Moneycontrol
Unacademy Announces ESOPs Buyback Worth $10.5 Million
This buyback by the Bengaluru-based online learning platform is the third and its largest till date
Edtech major Unacademy has promoted its chief marketing officer Karan Shroff to 'Partner'.
By Storyboard
https://www.moneycontrol.com/news/business/storyboard-edtech-major-unacademy-promotes-cmo-karan-shroff-makes-the-marketing-head-a-partner-7437361.html
#Storyboard #Unacademy #Advertising #Marketing
By Storyboard
https://www.moneycontrol.com/news/business/storyboard-edtech-major-unacademy-promotes-cmo-karan-shroff-makes-the-marketing-head-a-partner-7437361.html
#Storyboard #Unacademy #Advertising #Marketing
Moneycontrol
Storyboard | Unacademy Promotes CMO Karan Shroff, Makes The Marketing Head A 'Partner'
Shroff, who is the company's chief marketing officer, has helped "build Unacademy into an iconic brand", said its founder Gaurav Munjal.
#Unacademy has roped in existing angel investor and Zomato's founder Deepinder Goyal on its board.
Read at: https://www.moneycontrol.com/news/business/startup/unacademy-ropes-in-zomatos-deepinder-goyal-as-board-member-7607661.html?utm_source=telegram&utm_medium=social
Read at: https://www.moneycontrol.com/news/business/startup/unacademy-ropes-in-zomatos-deepinder-goyal-as-board-member-7607661.html?utm_source=telegram&utm_medium=social
Moneycontrol
Unacademy ropes in Zomato's Deepinder Goyal as board member
Deepinder Goyal had invested in Unacademy in its last round of funding which was announced in August.
#ICYMI | #Unacademy has roped in existing angel investors and Zomato's founder Deepinder Goyal on its board.
Read at: https://moneycontrol.com/news/business/startup/unacademy-ropes-in-zomatos-deepinder-goyal-as-board-member-7607661.html
#Zomato #Business #DeepinderGoyal
Read at: https://moneycontrol.com/news/business/startup/unacademy-ropes-in-zomatos-deepinder-goyal-as-board-member-7607661.html
#Zomato #Business #DeepinderGoyal
Moneycontrol
Unacademy ropes in Zomato's Deepinder Goyal as board member
Deepinder Goyal had invested in Unacademy in its last round of funding which was announced in August.
Gaurav Munjal, the maverick founder of #Unacademy, is building a company using unconventional methods.
Chandra Srikanth & Sriram Mani profile one of India's most important & divisive entrepreneurs and we have some juicy deets right here π
https://www.moneycontrol.com/news/business/startup/pure-aggression-inside-gaurav-munjal-and-unacademys-quest-for-growth-8211161.html?utm_source=telegram&utm_medium=social
Chandra Srikanth & Sriram Mani profile one of India's most important & divisive entrepreneurs and we have some juicy deets right here π
https://www.moneycontrol.com/news/business/startup/pure-aggression-inside-gaurav-munjal-and-unacademys-quest-for-growth-8211161.html?utm_source=telegram&utm_medium=social
Moneycontrol
Pure aggression: Inside Gaurav Munjal and Unacademyβs quest for growth
Gaurav Munjal, the maverick founder of Unacademy, is building a company using unconventional methods. Moneycontrol profiles one of India's most important and divisive entrepreneurs with tons of never-before-reported details
#Unacademy has laid off around 600 employees, which accounts for about 10% of its workforce, in a possible move to cut costs ahead of potential funding slowdown in the country.
Read the details π
https://www.moneycontrol.com/news/business/startup/unacademy-lays-off-about-10-of-its-workforce-8330051.html?utm_source=telegram&utm_medium=social
Read the details π
https://www.moneycontrol.com/news/business/startup/unacademy-lays-off-about-10-of-its-workforce-8330051.html?utm_source=telegram&utm_medium=social
Moneycontrol
Unacademy lays off about 10% of its workforce
This move comes amid murmurs among various stakeholders in the startup ecosystem on whether the euphoria is now slowing down in the country after an exuberant 2021, with deals taking longer to close and some late-stage deals coming under pressure from theβ¦
#Unacademy founder Gaurav Munjal-backed learning and community platform for creative arts and sports, Frontrow, has laid off 150 employees over an email, citing a funding crunch.
Read more about it π
https://www.moneycontrol.com/news/business/startup/gaurav-munjal-backed-edtech-startup-frontrow-cuts-headcount-down-to-a-fifth-8604181.html?utm_source=telegram&utm_medium=social
Read more about it π
https://www.moneycontrol.com/news/business/startup/gaurav-munjal-backed-edtech-startup-frontrow-cuts-headcount-down-to-a-fifth-8604181.html?utm_source=telegram&utm_medium=social
Moneycontrol
Gaurav Munjal-backed edtech startup Frontrow cuts headcount down to a fifth
Frontrow joins a growing list of startups to lay off employees citing a funding crunch. According to data compiled by Moneycontrol, so far in 2022, startups have laid off over 5,300 employees. Edtech startups, including a few unicorns, have fired about 3β¦
In a bid to prioritise profitability over growth ahead of a potential IPO in 2 years, #Unacademy has taken steps such as #paycuts for founders & management, & stopped complimentary meals & snacks at their offices.
Read at π
https://bit.ly/3bXAnhT
Read at π
https://bit.ly/3bXAnhT
Moneycontrol
No free meals for employees, founders and management to take salary cuts: Unacademy's path to profitability
Employees, including CXOs (top management) will not be provided business class treatment for travel and anyone who wants an upgrade can pay from their own pocket
#MCTech3: Top #tech and #startup news this evening
β΄οΈ #Unacademyβs Relevel fails to level up
β΄οΈ #WhatsApp Pay India head quits
β΄οΈ #PhonePe CEO's renewed pitch for #UPI charges
β‘οΈ Sign up for the newsletter π
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β΄οΈ #Unacademyβs Relevel fails to level up
β΄οΈ #WhatsApp Pay India head quits
β΄οΈ #PhonePe CEO's renewed pitch for #UPI charges
β‘οΈ Sign up for the newsletter π
https://bit.ly/3QYQbQx
Moneycontrol
Unacademyβs Relevel faces ire; WhatsApp Pay India head quits
In today's Tech3 newsletter, Unacademyβs Relevel comes under fire; WhatsApp Pay head Manesh Mahatme quits
#MCTech3: Top #tech and #startup news this evening
β΄οΈ Deep discounts are back on #Flipkart, #Amazon
β΄οΈ #Unacademy cuts burn, eyes breakeven by Jan
β΄οΈ Another blow for skill-based games
β‘οΈ Sign up for the newsletter π
https://bit.ly/3Cb4aOK
β΄οΈ Deep discounts are back on #Flipkart, #Amazon
β΄οΈ #Unacademy cuts burn, eyes breakeven by Jan
β΄οΈ Another blow for skill-based games
β‘οΈ Sign up for the newsletter π
https://bit.ly/3Cb4aOK
Moneycontrol
Apple to make iPhone14 in India, deep discounts are back in festive sales
In today's Tech3 newsletter, deep discounts are back on Flipkart and Amazon; Unacademy cuts burn, eyes breakeven by January
#Unacademy reported a net loss of Rs 2,848 crore for FY22 against a net loss of Rs 1,537 crore a year earlier, an internal document seen by Moneycontrol showed.
Read here π
https://bit.ly/3F5Wr6O
Read here π
https://bit.ly/3F5Wr6O
Moneycontrol
Unacademyβs losses nearly double to Rs 2,848 crore in FY22 on higher ESOP costs
Unacademy, however, reported an over 80 percent rise in operating revenue to Rs 719 crore from Rs 398 crore a year earlier. Its total income surged to Rs 845 crore in FY22 from Rs 464 crore a year earlier, thanks to a 2X rise in its other income to Rs 125β¦
#MCTech3 | Top #tech and #startup news this evening π₯
β΄οΈ More layoffs at #Unacademy, UpGrad loses its CEO
β΄οΈ Mega exclusive with #TCS CEO
β΄οΈ #BharatPe can operate as an online payment aggregator
Sign up for the newsletter ‡οΈ
https://bit.ly/3jZXexn
β΄οΈ More layoffs at #Unacademy, UpGrad loses its CEO
β΄οΈ Mega exclusive with #TCS CEO
β΄οΈ #BharatPe can operate as an online payment aggregator
Sign up for the newsletter ‡οΈ
https://bit.ly/3jZXexn
Moneycontrol
Disease of 'policy paralysis' that existed before 2014 eradicated under PM Modi's leadership: Naqvi
The former Union minister also said PM Modi has shown that a leader becomes great not by his power but by his commitment and conviction to empower people.
#Unacademy, #PhysicsWallah, #Vedantu, #Eruditus, and #upGrad cumulatively spent more than Rs 2,250 crore on ads and promotions, and Rs 5,465 crore on employees.
Get more details π
https://bit.ly/3mrSUZy
Get more details π
https://bit.ly/3mrSUZy
#MCTrends | 'Unacademy will have its best year in terms of growth': Gaurav Munjal after laying off 250 staff ππ»
Read more on thisπ½
https://www.moneycontrol.com/news/trends/unacademy-will-have-its-best-year-in-terms-of-growth-founder-gaurav-munjal-after-laying-off-250-staff-12762026.html#google_vignette
#Unacademy #GauravMunjal #Layoffs
Read more on thisπ½
https://www.moneycontrol.com/news/trends/unacademy-will-have-its-best-year-in-terms-of-growth-founder-gaurav-munjal-after-laying-off-250-staff-12762026.html#google_vignette
#Unacademy #GauravMunjal #Layoffs
Moneycontrol
'Unacademy will have its best year in terms of growth': Gaurav Munjal after laying off 250 staff
The Unacademy head has gathered support from business leaders such as Ola Electric founder-chairman Bhavish Aggarwal and the founder-CEO of Oyo Ritesh Agarwal.