Topic: layoffs cost-cutting

Unacademy's Valuation Drops Below $500M, M&A Talks Confirmed

Unacademy's valuation has crashed over 85% to under $500 million from its $3.5 billion peak, with its CEO confirming the startup is now in merger and acquisition talks. The broader Indian edtech sector has collapsed post-pandemic, with former leader Byju's in insolvency, while Unacademy has slash...