Engineering Manager

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No merger between byju akash and unacademy

Founder

No merger between byju akash and unacademy- Grapevine

Welcome to Office Gossip's Private Community

https://www.moneycontrol.com/news/business/startup/softbank-backed-unacademy-explores-merger-with-byjus-owned-aakash-10301111.html/amp

This is a short cut for Unacademy to go for an IPO

Unacademy to merge with Byjus Akash

Growth Manager

A merger with Aakash would have given Unacademy a shot at making a go of it in offline coaching. Without it, Munjal’s task of keeping his company afloat is that much harder.

Byju’s is in no rush to save Gaurav Munjal’s Unacademy - The Morning Context

Journalist writing clickbait articles

Business Development Manager

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

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 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

Software Developer

Looks like some news in edtech. Whats your take?

Edtech unicorn Unacademy is in discussion to merge with K12 Techno, which runs the chain of Orchids International Schools.

Exclusive: Unacademy in talks to merge with Orchid schools owner K12 Techno

Unacademy and k12 techno merger

Consultant

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 the 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?

Unacademy in bad shape

Program 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 🤡

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.

Just in : Unacademy's COO for offline biz steps down

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

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

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.

Work Culture

Operations Manager

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

Unacademy is up for sale!

Software Engineer

Unacademy news

Principal Engineer

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.

Unacademy is up for sale

A lot of noise inside unacademy around this news.

Apparently Gaurav will move aside and let Mrinal Step in and take over as CEO role to help Unacademy grow. This has been confirmed by senior folks from the Unacademy CEO's office team. 

Edtech space is truly getting hot with each passing day. Official announcement later this week.

No merger between byju akash and unacademy

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