Unacademy CEO Gaurav Munjal. Gaurav Munjal, CEO and co-founder, Unacademy, in a tweet on November 7, lamented the recent round of layoffs and said that it is painful to see some of his best people These included In the mail to his employees, co-founder and CEO of Unacademy, Gaurav Munjal apologised to the ones being fired for reneging on the platforms commitment to not lay off any Unacademy layoffs: in July, Munjal had assured his employees in an internal email that the company would not exercise any more layoffs. As edtech platforms start bleeding in India, Unacademy, which recently laid off over 600 employees, has predicted a funding winter that can last as long as 18 months, saying it will cut costs wherever required to weather the dry spell and become profitable.. Unacademy had cut more than 600 jobs in April this year. Unacademy Unacademy which started as a YouTube channel in 2010 by Gaurav Munjal later got established as an education company in the tech city of India, Bangalore. Unacademy. 3 min read Unacademy in 2019. But we knew something was missing. Gaurav Munjal, CEO and founder of Unacademy , has announced that the edtech unicorn's paid subscription products have hit a milestone 800,000 active subscribers. In an internal email to employees, Gaurav Munjal, CEO and Co-founder of the company, said that around 10 per cent of its employees across the group will be impacted, The talks as always Winter skincare tips: Here's a simple 2-ingredient face pack that will keep dryness at bay. Unacademy Plus is moving to a subscription model next month. Gaurav Munjal is the Co-Founder and CEO at Unacademy. Gaurav Munjal @gauravmunjal Unacademy, Relevel, Graphy, PrepLadder mischiefmanaged.substack.com Joined April 2009 3,599 Following 97.3K Followers Tweets In mid-2019, online learning platform Unacademy approached Testbook, a government exam preparation app, to acquire it. Softbank-backed company has tried to curb spending on marketing and control operational costs but it was not He attended St. Xaviers Secondary School, where he was active in the Science club. Edtech startup Unacademy is cutting as many as 350 jobs amid a push to reduce costs and turn in a profit, in yet another round of layoffs. Their latest investment was Pre While he was an engineering student of IIT Mumbai, he uploaded a short computer graphics tutorial video on In the third round of layoffs, Unacademy CEO Gaurav Munjal fired 10 per cent of the workforce, which accounts for nearly 350 people. He dreamed of becoming an entrepreneur from his college days. Softbank-backed Unacademy has tried to curb spending on marketing and control operational costs but it was not enough, founder and CEO Gaurav Munjal said in the letter, which was seen by Reuters. New Delhi, 08 Nov 2022, Munjal said the restructuring exercise would affect about 10 December18 was our highest revenue While studying B.Tech at NMIMS, he co-founded a startup Series C, Series B and Series A funding of Unacademy attracted $21 million, $11.5 million and $4.5 million respectively. Gaurav Munjal CEO, Co-Founder at Unacademy buildd tags Quit job to start Does code Quick stats $1.42M Net wealth 32 Yrs Age 2015 Year of founding Career Personal Investments Number of Investments 38 Gaurav Munjal has made 38 investments. Edtech company Unacademy's CEO Gaurav Munjal took to social media and said his family along with his pet were evacuated from his inundated house. As roads remained waterlogged as residents marooned across India's Silicon Valley, Bengaluru, on Tuesday, people were being 'rescued' from flooded areas in boats, trucks and tractors. unacademy gaurav munjal. Gaurav Munjal has an agelong passion for tech, and he began coding in grade 12. The Bengaluru-headquartered Unacademy, valued at $3.4 billion, cut 1,000 full-time and contractual roles in April this year. Learners will be able to attend all live classes in a category by paying a small monthly or yearly subscription Some of the experiments that we were doing with the Plus Courses were showing good results and the acquisition of Wifistudy was successful. The Origin Story. We must turn profitable ASAP (as soon as possible).. Unacademy Lays Off 10% of Workforce; Nearly 350 Employees Sacked As Funding Gaurav Munjal (@gauravmunjal) 1667541658000 Unacademy fired around 1,000 employees across the group in April as part of cost-cutting measures. Edtech startup Unacademy is cutting as many as 350 jobs amid a push to reduce costs and turn in a profit, in yet another round of layoffs. Dec 26, 2019 Unacademy in 2019. Munjal apologized to employees through In December 2015, Gaurav Munjal roped in two of his friends, Hemesh Singh and Roman Saini, and launched Unacademy app to create free interactive content. December18 was our highest revenue month. Gaurav Munjal, the maverick founder of Unacademy, is building a company using unconventional methods. Moneycontrol profiles one of India's most important and divisive entrepreneurs with tons of never-before-reported details Unacademy CEO Gaurav Munjal. [3] Contents 1 Product and services 2 History 3 It was founded by Gaurav Munjal, Hemesh Singh and Roman Saini in 2015. We had ended 2018 on a high. In an internal mail, Unacademy Co-founder Gaurav Munjal said that the layoffs would happen across verticals, some of which would also be shut or scaled down. In an internal email to employees, Gaurav Munjal, CEO and Co-founder of the company, said that around 10 per cent of its employees across the group will be impacted, "and if you are one of the impacted -- you will be receiving a detailed communication within 48 hours from HR". Gaurav Munjal is the Cheif Executive Officer of Unacademy. Gaurav Munjal, the co-founder and chief executive officer of SoftBank-backed edtech unicorn Unacademy, on Tuesday said the start-up's R&D team is working on a product that wants to disrupt LinkedIn. 0 claps +0 . In an attempt to cut expenses and generate profit, edtech startup Unacademy has slashed up to 350 staff in another round of layoffs. We had ended 2018 on a high. As of May 2022, Unacademy was valued at USD $3.44 billion. Stung by allegations of rampant 'toxic' culture, stirred by a pressing need to become more humane and goaded by an impending funding winter, Gaurav Munjal is trying to The Interview: Gaurav Munjals plans to grow Unacademy into the Netflix of edtech With a million views a month, Unacademys co-founders thought they could create a Gaurav Munjal has 2 current jobs as Co-founder and CEO at Unacademy and Founder at Flatchat. Additionally, Gaurav Munjal has had 2 past jobs including Software Developer at Directi. In a letter to employees, Unacademy's co-founder and CEO Gaurav Munjal said that "we must learn to work Call us and we will answer all your questions about learning on Trending News. Share on. Unacademys maverick founder, Gaurav Munjal, is establishing a business utilising nontraditional means. Well, the credit goes to Gaurav Munjal. According to an internal memo to With loads of never-before-reported details, Moneycontrol analyses one World's longest luxury cruise from Varanasi to Assam via Bangladesh to be started in January. Gaurav Munjal | YourStory. Unacademy is conducting another round of job cuts and laying off 350 employees or 10 per cent of its workforce of 3,500, as the SoftBank-backed edtech firm targets profitability and reduces costs, according to an internal note sent by Gaurav Munjal, co-founder and CEO of Unacademy group, to the staff. After Basudha Das. Employees have been scared of Munjal, his brutal feedback and the pressure that comes with working at Unacademy, similar to Apple and Jobs, according to people familiar with the companys operations. After Covid, Measles outbreak reported in Mumbai: Here's all you must know about viral disease. Since his It prepares students for various competitive exams (like JEE, NEET, UPSC CS, GATE, UPSC NDA, CUET, Boards etc.), as well as provides content on foundational ( K-12) and skill building courses ( programming, photography, entrepreneurship, etc.). It was founded by Gaurav Munjal, Hemesh Singh and Roman Saini in 2015. According to an internal memo to employees from Gaurav Munjal, cofounder and CEO of Unacademy group, the restructuring exercise will impact about 10% of Unacademy employees across the group. #Podcast with Gaurav Munjal, Co-founder, Unacademy Every single mistake that entrepreneurs do 99% of that is already documented somewhere. Gaurav Munjal. Product Market Fit.

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