Unacademy now ‘default alive’, to cut cash burn to Rs 200 crore in 2025: CEO Gaurav Munjal

Share via:


SoftBank-backed edtech startup Unacademy is targeting a significant reduction in 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 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…



Source link

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.

Popular

More Like this

Unacademy now ‘default alive’, to cut cash burn to Rs 200 crore in 2025: CEO Gaurav Munjal


SoftBank-backed edtech startup Unacademy is targeting a significant reduction in 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 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…



Source link

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.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

Infosys-backed GalaxEye plans new satellite to meet global demand...

Infosys-backed space tech startup GalaxEye said it will...

75% of Indian firms struggle to help employees adapt...

While 75% of Indian companies currently do not...

Chasing AI Autonomy Misses Near-Term Agentic Returns

Apple recently published a paper asking large reasoning...

Popular

Upcoming Events

fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh fgfghfgh