SoftBank-backed ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/edtech” target=”_blank”>edtech startup ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/unacademy”>Unacademy is targeting a significant reduction in ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/cash-burn” target=”_blank”>cash burn, aiming to bring it down to under Rs 200 crore in calendar year 2025, from more than Rs 1,000 crore three years ago, cofounder and chief executive ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/gaurav-munjal” target=”_blank”>Gaurav Munjal said in a post on social platform X.
“Significant improvement in cash burn in the core business. Three years ago, we used to burn more than Rs 1,000 crore; this CY (calendar year), it will be under Rs 200 crore. This is half of what we did last year,” Munjal wrote.
He also added that the company is now…
