Just over nine months ago, in April 2025, Unacademy CEO Gaurav Munjal proclaimed that nearly 70% of the company’s offline coaching centres would turn profitable by the end of the year. At the time, it felt as if Unacademy’s long-pursued hybrid strategy, marrying online scale with offline monetisation, was about to pay off.
Cut to January 2026, Unacademy has changed its tune yet again.
In a recent internal communication marked to his employees, Munjal announced that Unacademy would now transition to a franchise model.
Under the new…

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