How is unacademy doing?

Unacademy has just laid off the entire team of NextLevel and will be shutting the business. It is interesting to note that Relevel underwent a major pivot after failure and was rebranded to NextLevel. Gaurav apparently blindly wrote how this product will take on LinkedIn and make CV's redundant. Guess another unacademy experiment has failed but several employees are facing the brunt of the CEO's immature experimental nature.

This is followed by GM's recent post. The real test for unacademy after fall of byju's is about to begin. unacademy must immediately do the following- 1. Bet on Offline PAT of offline test prep giants in India- - Allen: 421 cr - Aakash: 328 cr - Narayana: 528 cr - Sri Chaitanya: 621 cr - FIITJEE: 58 cr If unacademy takes a big bet on offline, definitely they have a higher chance of reaching EBITDA positive by next FY 2. Stop paying Crores to online educators - Seriously paying 2cr to 8 cr salary doesn't make any sense. - The educators will work in 50-80 lakh salary easily. if not, let them walk away, unacademy has a bigger brand value than name of these educators. 3. Start an online centre for godsake - PW, learn and fun, Vedantu, Rahul IAS, drishti not only have offline but online centres as well. - So apart from wfh teacher model, build a online learning centre model and pay industry standard payout. 4. Become the APPLE not Blackberry You are a brand unacademy. Keep your standards above. 5. 🔥 GM. After Roman and Hemesh, GM should take an immediate exit. At this stage anyone is better but not GM. He abuses our directors and VPs and they thrash our ass.

I wonder why all the PM's of Unacademy are leaving. A handful of those left are planning to switch.

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.

Anyone Knows what is this business division of the same product?

Oh well.

Hey Viners🙋, I have worked with Unacademy for around 3 years as SSE. Shoot all your questions to me regarding the company’s culture and state, will be happy to answer them 🙂

Though in all probability, what you've already heard is true.

Can someone share what's going on inside unacademy. What new products are they launching. How good is the traction and runway