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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.
The Unacademy co-founder talks about shutting the K-12 tuition unit, changing market dynamics, the company’s evolution and business plans.
Editor's note: Gaurav Munjal and I reach Maruthi Infotech Centre almost simultaneously. The commercial building in Domlur, Bengaluru, houses the offices of Unacademy, India’s second-largest edtech startup, with a valuation of around $3.5 billion. I am just about to enter the building when I receive a call, turn around to take it and see Munjal getting out of his black SUV. A man rushes past me to take his bag and then runs back to call the elevator. We head to the fifth floor through good morning greetings, an empty corridor in an almost empty office to the meeting room. Munjal is wearing his trademark black T-shirt and a black windcheater—its sleeves pushed up like he means business—over a pair of blue jeans and white sneakers. There’s also a 5 o’clock shadow, making him look older than his 31 years. As we settle down—he is on a yellow sofa next to Hedwig, and I am on the chair opposite him—the first thing he asks is why I said yes to this interview. “Why would anyone say no to it?” I ask back. …
The Unacademy co-founder talks about shutting the K-12 tuition unit, changing market dynamics, the company’s evolution and business plans.
Editor's note: Gaurav Munjal and I reach Maruthi Infotech Centre almost simultaneously. The commercial building in Domlur, Bengaluru, houses the offices of Unacademy, India’s second-largest edtech startup, with a valuation of around $3.5 billion. I am just about to enter the building when I receive a call, turn around to take it and see Munjal getting out of his black SUV. A man rushes past me to take his bag and then runs back to call the elevator. We head to the fifth floor through good morning greetings, an empty corridor in an almost empty office to the meeting room. Munjal is wearing his trademark black T-shirt and a black windcheater—its sleeves pushed up like he means business—over a pair of blue jeans and white sneakers. There’s also a 5 o’clock shadow, making him look older than his 31 years. As we settle down—he is on a yellow sofa next to Hedwig, and I am on the chair opposite him—the first thing he asks is why I said yes to this interview. “Why would anyone say no to it?” I ask back. …
For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.
As the company weighs a move into test prep ahead of a 2027 IPO, the question is whether entering a category from which upGrad has consciously stayed away so far makes sense.
The UAE-based school operator is making a move into Saudi Arabia as it enters its biggest expansion phase yet.
For one of the world’s largest and shrewdest investors to entirely skip putting money in the country is a sign of how quickly the nature of the Indian startup ecosystem has changed.
As the company weighs a move into test prep ahead of a 2027 IPO, the question is whether entering a category from which upGrad has consciously stayed away so far makes sense.
The UAE-based school operator is making a move into Saudi Arabia as it enters its biggest expansion phase yet.
