Unacademy shifts to a franchise model, focusing on online test prep and Airlearn after unsuccessful acquisition talks with upGrad.
In an internal email to employees, cofounder and CEO Gaurav Munjal said Unacademy sharply reduced cash burn in its test prep business in calendar year 2024, cutting it to around Rs 200 crore from ...
After multiple failed attempts to get acquired, Unacademy is scripting yet another turnaround. This time, however, it plans ...
Unacademy Pivots to Franchise Model: CEO Gaurav Munjal Announces Exit from Direct Offline Operations
Unacademy will shut its company-operated offline centres and convert them into franchise partnerships over the next few months, with the transition expected to be completed by April, co-founder and CE ...
Unacademy currently operates 26 company-owned coaching centres alongside 35 franchise centres. The transition would shift all physical operations to local franchise partners while the company focuses ...
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