Unacademy plans to shut company-run offline centres and shift to a franchise model after acquisition talks with upGrad collapsed, as the edtech firm focuses on cost efficiency and online growth.
For many former Unacademy employees, a recent email from the edtech company felt like a deadline with a price tag. The message asked exited employees to exercise their vested Employee Stock Ownership ...
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Unacademy ESOP move explained: Legal, ethical, or unfair to employees?
Over time, ESOPs have become a key pillar of startup compensation in India. However, Unacademy’s recent decision to sharply reduce the ESOP exercise window for former employees has forced many to ...
Unacademy said on Tuesday that Relevel, its upskilling product, is shifting focus to its tests product and the newly launched LinkedIn-rival NextLevel, the latest in a series of changes from the ...
Unacademy said it will pause the suggested amendments until further notice and complete any necessary corporate ...
UpGrad is in talks to acquire Unacademy in a deal valuing the test-prep platform at $300–400 million, according to Moneycontrol. As per the report a term sheet could be signed in three weeks.
Unacademy, once one of India’s best-known edtech startups, may now be worth less than $500 million, 85% less than its pandemic-era peak valuation, as the company undergoes a steep reset and explores ...
Gaurav Munjal said Unacademy is under M&A discussions at a similar valuation for an all-stock deal where there will be no cash involved Munjal apologised for the early ESOP exercise window and said ...
Test preparation platform Unacademy has revised its employee stock option plan policy (ESOP), sharply reducing the time available for former employees to exercise their vested options. Under the ...
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