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Context is everything.
Detailed stories on technology startups, business and economic current affairs.
Detailed stories on technology startups, business and economic current affairs.
Amid layoffs, continuous churn and uncertainty in the edtech industry, Unacademy’s sole focus on offline could be Munjal’s last throw of the dice.
Shortly after Gaurav Munjal sent a memo to employees announcing a new round of layoffs at Unacademy on 7 November, co-founder and chief technology officer Hemesh Singh called a meeting of the tech team. The air inside the office was thick with anxiety and uncertainty. People were looking at each other with hope and guilt. Hope that it would be the others, not them, on the layoff list, and guilt for feeling that way. Singh needed to calm the nerves in his team if he wanted any work done.
He told them that the layoffs will not impact the tech …
Believing education is the key to success, Unacademy raised $880 million and reached a $3.4 billion valuation, only to crash 90%. Its co-founder and CEO gets candid about the state of the startup and Indian edtech.
Physics Wallah’s desperate pursuit of growth has led to another bold announcement. The latest move centres around one of India’s most competitive test-prep pockets.
The Walmart-owned e-commerce company has entered microdramas and food delivery. Is it thinking long-term or just chasing a trend?
