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Is Unacademy growing?
Unacademy sees over four-fold growth in FY21 revenue but losses also jump six-fold. Edtech platform Unacademy’s consolidated net loss widened more than six times on the back of rising promotional and employee benefit expenses, even as it reported an over four-fold rise in its consolidated revenue for 2020-21 (FY21).
Will BYJU’s bought Unacademy?
STARTUP DIGEST: Byju’s acquires Great Learning and Toppr, Unacademy to issue $40 M in stock options to teachers, Sequoia launches ‘Spark’ for women founders. Here are the top stories that made headlines in the startup universe this week. Edtech unicorn and India’s most valuable startup Byju’s is on an acquisition spree …
Who is more rich Unacademy or BYJU’s?
From BYJU’S to Unacademy – competition in India’s fast-rising online education sector
| Startup | Pre-Covid valuation | Latest valuation |
|---|---|---|
| BYJU’S | $8 billion | $11 billion |
| Unacademy | $400 million | $1.45 billion |
| Vedantu | $280 million | $600 million |
| Eruditus | $410 million | $700 million |
Who runs Unacademy?
Unacademy Profile, Wiki, Networth, Establishment, History and More
| Points | Information |
|---|---|
| Revenue | INR 90.27 crores |
| CEO | Gaurav Munjal |
| Registered Address | Maruthi Infotech Centre, 3rd Floor, A-Block, Domlur, Koramangala Inner Ring Road, Bengaluru, Karnataka 560071 |
| Telephone No./ Customer Care | Not Available |
What is Unacademy and how does it work?
Unacademy is an online platform that makes both learning and teaching easy with its educational videos and lectures. Initially it was founded in the year 2010 with videos streaming on YouTube, but it officially got launched in the year 2015. Today, the company has achieved spectacular growth with more than 10K educators and around 13 Million users.
How many users does Unacademy have in 2021?
Today, the company has achieved spectacular growth with more than 10K educators and over 13 Million users. Furthermore, Unacademy also boasts of having 650,000 active subscribers with its platform, as per Unacademy COO Vivek Sinha’s tweet dated September 9, 2021.
Why Unacademy is the best online learning platform for students?
Unacademy unscrambles these problems with its online learning platform with the top educators in the country. The company offers courses and lectures for several competitive examinations such as CAT, JEE, NEET, CLAT, UPSC CSE/IAS, IBPS/SBI, RRB, and video classes on various subjects, thus empowering the students to excel in this competitive world.
Is Unacademy worth $3 billion?
Unacademy is now valued at $3.44 Billion, after the recent fundraising round, Series H, led by Temasek, Softbank, Tiger Global, and others on August 2, 2021, where the company has raised $440 million. The company has entered the Unicorn club in September 2020 after it raised $150 million from Softbank and other existing investors.