My money is on this but they have enough funding to burn for years to come

Founder

Operations Manager

Data Analyst

First Byju's then Paytm, now Koo.Also Unacademy is on lower terms...next who???

Welcome to Indian Startups's Private Community

Next who????

Next who????- Grapevine

Anyone know which startup is being referred to here?

👀 Mafia wars 2023

Marketing Manager

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.

Unacademy layoffs have begun 🤡

Program Manager

Which startup has the most toxic work culture?

Ola.  
 I doubt there’s any startup which comes even close in terms of Ola’s toxicity.

Software Developer

Product Manager

I put this post 1 year back that Byjus may shut down and funny to see the comments of people now , 🤣🤣🤣

Checkout this post on Grapevine - https://share.gvine.app/Adbx5VpHdqDZLR7b7

Byjus may shut down

19+ comments on Grapevine


Here is the list of other companies that may shut down

Unacademy
Vedantu
Jupiter
Fi
Slice

Byjus- A Unicorpse From Unicorn to

Growth Manager

While there are lot of VCs coming out with their ‘expert’ outlook on 2024, let’s be real to share our own predictions. Idea is to share and learn and not just mudsling.

Let me go first with few of my own

1. Neobanking will go belly up - it’s really hard to make money in just Savings account led neobanking I believe. With lending increasingly difficult, I think we will see likes of Jupiter going belly up

2. Gold mine of climate tech - climate tech will become more mainstream stream (similar to content and community in 2021, D2C in 2022 and SaaS in 2023)

What are yours?

What are your predictions for 2024 Indian Startup ecosystem?

After fooling countless customers, investors, loan partners, byjus employees are now all set to destroy what little is left to Unacademy.
Unacademy is now frantically hiring people from BYJUs across all levels and verticals. With BYJUs employees employment stood on the base of false promises and unethical sales, it is just a matter of time, Unacademy will become the new BYJUs.

With the company’s product first approach and the apprehension towards aggressive selling, it is disheartening to see the new fondness towards BYJUs.

Uncademy the new Victim to BYJU’s

Category Lead

Any Goss on the financial health of Edtech firms like LEAD, Unacademy?
I hear there's one more round of layoffs coming.

Situation with Edtech firms.

Project Manager

PREVIOUS POST GOT DELETED!


Rumours are floating that Unacademy is getting sold by one of its main investors to another Edtech company in their portfolio for just 400 Million dollars, their last round valuation was 3.5 Billion dollars 

But founder Gaurav Munjal said they have 200 Million in bank. Getting confused - Is this a repeat of Byju 2.0?

They have fired the CTO and co-founder Hemesh Singh and Roman Saini ( other co-founder) is also not seen anywhere 

I am worried if more people are to be laid off?

More information in comments sourced via a friend

Unacademy getting acquired?

Journalist

Welcome to Office Gossip's Private Community

What made it worst? The pay, the culture, or your manager?

What's the worst company you have worked for?

ICICI Bank, they had a strict sign in timing policy where if you are late to corporate office, half day salary would be cut, It would be reversed only when manager approves. The sign out time used to be 5.15pm, but you would be made to sit till 8 pm by most of the managers even if your job is done for the day. A sign out at 6 pm used to be called as half day by most of the managers. 
 I heard now they donot have this dictatorial policy.

Ola is launching and getting into multiple businesses, feels like they are trying to do everything. Thoughts?

Ola, the next Byju's?

Welcome to News Discussion's Private Community

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

Big: Unacademy merging with Orchid Schools in a 50-50 merger

Sad state of Indian Edtech. Next would be Unacademy.

BlackRock has yet again cut the value of its holding in Byju's, slashing the implied valuation of the Indian startup to $1 billion from $22 billion in BlackRock has cut the value of its holding in Byju's, slashing the implied valuation of the Indian startup to $1 billion from $22 billion in early 2022.

BlackRock cuts Byju's valuation by 95% to $1 billion | TechCrunch

Just in : BlackRock cuts Byju’s valuation by 95% to $1 billion 🌀

So again Unacademy has asked people to leave, and asked them to resign.

Leadership is so clueless about what they are doing, they fired 3-4 people whom they had hired a month ago. Imagine the situation 😂

And I don't see this stopping at Unacademy anytime soon

They are aching left, right and centre. Still some people are making advt videos with Sachin.

And the nalla has time to tweet and enjoy vacation, I pity the investors who funded them.

100th Layoff round at Unacademy

Mukesh Ambani and Reliance are planning to buy out BYJU'S liabilities in the Bankruptcy process at throw away valuations.

Since existing investors have lost interest in the company, now their say won't matter. The highest bidder will be able to buy out BYJU'S. 

Great opportunity for Ambani's, Tata's and Adani's of the worst. The infra, IP and tech that BYJU'S has is easily worth more than a Billion dollars cakewalk. This is way lesser than their liabilities.

Looks like the employees and ex employees are after all safe.

Ambani - BYJU'S

Interesting. That means Jio and Mota bhai will have a pie in every aspect of the Indian economy from the government to the infrastructure to the education that is imparted. Good good

I have see many lists of places to work at. Let’s create a list of companies not to work at. Please post the company name and the experience of working their.

Top 100 places not to work at!

Software Engineer

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 co-founder exits 🤦💩

Which startups(or otherwise) are now paying over 50L for 5 years of exp. Additionally esop or rsu around a 1cr( across 4 years). Can be a little lower(~30%) in the case of listed companies.

Next who????

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