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The Peak XV Partners-backed edtech platform reduced its loss to Rs 1,678 cr in FY23 from Rs 2,847 crore in the previous fiscal year. Unacademy's operating revenue grew to Rs 907 crore in FY23 from Rs 719 crore in FY22, reports Entrackr. The edtech company cut its advertising cost by 32.6 per cent during FY23. Unacademy Losses Down 40% in FY23, Revenue Grows 26%, Following Employee Layoffs; Check Details. ....
Roman Saini cleared the prestigious AIIMS admissions test when he was 16 years old and later cracked the UPSC exam and became an IAS officer at 22. Roman Saini was assigned to Madhya Pradesh as a district collector. ....
Test preparation startup Unacademy said its losses narrowed by 41% to Rs 1,678 crore in FY23, a period riddled with incessant layoffs at the firm. Employee-related expenses went down 28% to Rs 1,281 crore in FY23. ....
FY23 results for Myntra, ZestMoney, Curefoods, Unacademy, Sugar Cosmetics, and Kapiva presented a mixed picture on Wednesday, with surging revenues being mostly offset by wider losses. This and more in today s ETtech Top 5. ....