Teachers threaten legal action against Unacademy-owned PrepLadder due to nonpayment of dues

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Test prep platform PrepLadder, owned by edtech unicorn Unacademy, is being sued by a group of teachers for nonpayment of dues. The teachers’ union has filed a complaint with the Delhi High Court against the SoftBank-backed edtech unicorn.

For medical students preparing for the NEET PG exams, PrepLadder provides recorded content. Dr. Vivek Jain, who taught preventive and social medicine on PrepLadder, filed the primary petition. In December 2022, Dr. Jain filed a complaint with the Delhi High Court for nonpayment of royalty fees. After the Delhi High Court granted Dr. Jain’s petition on December 23, 2022, both parties requested a hearing postponement in order to reach an out-of-court settlement, according to court documents reviewed by Inc42. The case is being heard by Justice Yashwant Varma, who has given the parties until January 11, 2023 to settle.

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Teachers threaten legal action against Unacademy-owned PrepLadder due to nonpayment of dues

Test prep platform PrepLadder, owned by edtech unicorn Unacademy, is being sued by a group of teachers for nonpayment of dues. The teachers’ union has filed a complaint with the Delhi High Court against the SoftBank-backed edtech unicorn.

For medical students preparing for the NEET PG exams, PrepLadder provides recorded content. Dr. Vivek Jain, who taught preventive and social medicine on PrepLadder, filed the primary petition. In December 2022, Dr. Jain filed a complaint with the Delhi High Court for nonpayment of royalty fees. After the Delhi High Court granted Dr. Jain’s petition on December 23, 2022, both parties requested a hearing postponement in order to reach an out-of-court settlement, according to court documents reviewed by Inc42. The case is being heard by Justice Yashwant Varma, who has given the parties until January 11, 2023 to settle.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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