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Ed-tech

Unacademy is flush with funds and products. Its students now need to ace their tests.

The latest unicorn on the ed-tech path has the financial muscle to attract ace educators. It has also made a string of acquisitions to build expertise across a range of competitive exams. It will need to manage the high growth and show that its students can crack the test.
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debleena-majumdar
9 Sep 2020 7 Mins Read 0 comment
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You could call 2020 the year of Byju's and Unacademy. This year, the valuation of Byju’s topped USD10 billion, while Unacademy, which Gaurav Munjal founded, reached a billion dollars in valuation in just five years after launch. Five years ago, Unacademy was a YouTube channel. It is now the second-highest valued ed-tech firm. With its current scale-up plans, Unacademy
educators, how this model can work for emerging high-quality educators will be an interesting trend to watch. If the educator has already built word-of-mouth reputation the way best teachers do, will putting their courses behind Unacademy’s subscription wall reduce access to learners who need help? That will be a critical aspect to dwell on. ( Graphics by Mohammad Arshad)
You could call 2020 the year of Byju's and Unacademy. This year, the valuation of Byju’s topped USD10 billion, while Unacademy, which Gaurav Munjal founded, reached a billion dollars in valuation in just five years after launch. Five years ago, Unacademy was a YouTube channel. It is now the second-highest valued ed-tech firm. With its current scale-up plans, Unacademy educators, how this model can work for emerging high-quality educators will be an interesting trend to watch. If the educator has already built word-of-mouth reputation the way best teachers do, will putting their courses behind Unacademy’s subscription wall reduce access to learners who need help? That will be a critical aspect to dwell on. ( Graphics by Mohammad Arshad)

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