lol, this reminds me of GM tweeting/posting about Relevel being the next big thing and how it had X traction and it was blitz scaling. Literally shut it down a couple of months later. Hasn’t Graphy been close to profitability since it started 🤡

I worked with relevel for a week as a mentor. It was terrible experience! They wanted us to wear formals during the whole 1 hour during the interview!

Computer scientist

Founder’s Office

Data Analyst

Looks like the next rounds of layoffs are coming...

Business Development Manager

Senior Manager

Program Manager

Reduce cash burn by 100% with this one trick!

Software Engineer

Celebrations because his biggest "rival" is selling his house.

Founder

Yeah profitability happened because of lay offs.

Product Owner

Analyst

I pity those investors who trusted him 😂

Growth Manager

What's up with Unacademy?

Product Marketing Manager

What's up with Unacademy?- Grapevine

Welcome to News Discussion's Private Community

Unacademy news

Principal Engineer

Welcome to Indian Startups's Private Community

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

Founding Engineer

Just read in the news that they had another round of layoffs today of 10% of the workforce, 

What’s going on there?!

The layoffs would happen across verticals, some of which would also be shut or scaled down, Munjal told employees in an internal email, a copy of which was seen by Moneycontrol.

Unacademy lays off 10% of workforce as funding winter for edtech worsens

What’s happening at Unacademy?

Product Designer

Unacademy Again...

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

Unacademy is up for sale!

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

Unacademy

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.

Unacademy in deep shit 💩

Apart from offline test centres what is doing well?

Gaurav keeps talking about graphy. Is it really doing well?
What about other tech products?

How is unacademy doing?

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

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

Welcome to Office Gossip's Private Community

Recently got promoted- putting together a list of what makes a team great or not. Kick-off based on my last team:

Love- super chill team, real MVPs, no credit stealing 🏆
Hate- the manager never appreciated anyone, ugh 😮‍💨

Love/hate about your team or manager?

Product Manager

NextLevel has entered maintenance mode. Friends working on it have kind of confirmed. 

Idk why they even started this product. There was zero need for it, but management just HAD to have their way. 

Everyone working on NextLevel has basically given up at this point. We're in maintenance mode, just waiting for the official announcement. The product roadmap was a joke from day one. Instead of focusing on something actually useful, they kept adding random bells and whistles. Oh, let's make it like Gas app with polling! Let's throw in some Inshorts-style news! 🙄

Here's a pro tip: copying features from 3 different products doesn't magically create one great product. It's like they threw spaghetti at the wall and hoped something would stick.

This is a lesson for anyone trying to build in the consumer space. You can pour all the resources you want into something, but if your thinking is fundamentally flawed, you're just burning the money.

Management needs to actually listen to people who know what they're talking about. But nah, they'd rather chase their pet projects and ego trips.

Things not great at Unacademy's NextLevel

Software Developer

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 🤦💩

Unacademy has gone bonkers 💩

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

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 🤡

The negativity brigade is out in full force against Unacademy lately. Honestly watching this relentless media agenda against us is like watching a bad tv show. As someone who's part of the team, I want to set the record straight.

First off, Gaurav Munjal is the smartest, visionary entrepreneur in the country. He's basically a genius. Like a legend, truly amazing! My observation is that people who are throwing a shade have never built a startup themselves or have never led anything more complex than a lemonade stand. They are simply jealous of Gaurav's awesome success. Meanwhile, legends like Bhavish and BeerBiceps are cheering Gaurav on. Coincidence? I think not!

Oh and layoffs! Every company does it – it's just business 101. Times are tough - stop whining and smell the coffee. This isn't a reason to target Gaurav. I see a lot of snowflake work-lifers who only want to work from 9 to 9 for 5 days. We did indulge you, didn't we? If you really don't want to be "laid off", what is stopping you from doing great work? Even better - why don't you start your own company and keep this stupid to 9-9-5 policy and "not lay off" these work-lifers who are a burden on your company?

Let's focus on constructive support and recognize the efforts of those truly making a difference.

Unacademy: Setting the record straight

Corporate Strategist

A lot of people at Unacademy have already resigned, and they are unable to hire replacements from the market( for who knows what reasons). Now as we all know people who are left in the organisation are going to have a tough time. 

Leaves not being approved, longer hours at work, mental harassment in the name of being available 24*7  is becoming a day to day thing. Now they are forcing people to take up sections of business one has never dealt with and are threatening to fire them if they are denying those roles. 

People who left the organisation in 2022 are the luckiest and well a bunch of well informed individuals who saw the end of this company before anyone else could have. 

What a time to be in edtech, indeed

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