What's up with Unacademy?

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.

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

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

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.

Apart from offline test centres what is doing well? Gaurav keeps talking about graphy. Is it really doing well? What about other tech products?

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

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.