Unacademy is going down the hill🔻

Unacademy elevated Jagnoor as (COO) of its offline centres business in January this year. However due to tiff with GM, he has decided to part ways with Unacademy. Unacademy is nearing its death with every leadership exit.

I don't understand, the sector that makes sureshot money on small and medium scale is continuously failing on pan India scale. A small IIT coaching in Patna with 2 centres generates profit in crores but these Byjus and Unacademy are not really able to do anything significant in long run.

https://entrackr.com/2024/06/exclusive-unacademy-in-talks-to-merge-with-orchid-schools-owner-k12-techno/

After a confirmed research, following resignations are happening at Unacademy, resulting in a massive instability in the organisation 1. CHRO 2. COO 3. CTO 4. VP IT & ADMIN 5. CBO ( JM) 6. HEAD OF OFFLINE CENTERS 7. GENERAL COUNSEL 8. IAS COFOUNDER Adding to this, following BU's have been shut 1. Content Growth 2. Coheshve 3. Next Level TRULY SAD TO SEE THE HOUSE OF CARDS FALLING DOWN.

There has been internal new circulation going on that the IAS Co-founder at Unacademy is finally leaving the organisation. He already sold his stakes in the company worth 700Cr last year and was sticking around because of the face value However with a failure to raise capital and grow revenue, Investors have asked roman to exit. Unacademy is truly going deep shit.

Unacademy's COO has stepped down from his position today and will serve a notice period for the next 3 months. Adding to this, Top Educators and directors have resigned too. These are from test prep categories. This seems like a massive call fallout of the company.

Hey all. My first post here. Can anyone tell me what the work culture is like at Unacademy and Upgrad. Currently in another ed-tech firm and looking for a shift.

Check out this for more context: https://themorningcontext.com/internet/unacademy-is-up-for-sale-merger-or-bailout