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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.
A lawsuit filed by Unacademy’s former tutor reflects the strain between the test-prep company and its educators. It also indicates the wider problem of too much money chasing too few educators in India.
Unacademy’s tryst with its educators has taken an unexpected turn. The Morning Context has learnt that in response to an educator’s commercial arbitration plea against the edtech company, a civil court in Bengaluru last month issued a temporary injunction restraining Unacademy from cancelling the educator’s vested stock options. The next hearing is on 28 May.
In his petition filed earlier in March, Anshul Agrawal, an educator who also served as a director of strategy (chartered accountancy section), accused Unacademy of a breach of agreement, wrongful termination without cause as well as without any notice period and severance pay, non-payment of …
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.
AI is set to disrupt the sector. While the path ahead looks tough for legacy publishers like S Chand Publishing and Arihant Publications, things don’t look encouraging for others in the industry either.
As AI advances rapidly, leadership, judgment and strategy matter more than ever. Today’s MBA is evolving to shape leaders for an AI-led world.
