Image Source: OfficeChai
One of India's major edtech players, Unacademy is entering a “default alive” state, and is going to significantly bring down its core business cash burn to ₹200 crore in 2025, as CEO Gaurav Munjal has revealed. This represents an important milestone for Unacademy as it keeps its eye on sustainable growth and operational efficiency.
Gaurav Munjal stated that Unacademy’s core business has reached financial sustainability, allowing them to operate without needing to seek external funding for now. The plan to significantly bring down its cash burn suggests that it has strategic objectives toward profitability and sustainability. Munjal explained that this was part of Unacademy’s wider efforts toward operational efficiency, expense monitoring, and its convenience to retaining leadership in online education.
Unacademy’s renewed regional emphasis on core business efficiency now comes at an interesting point, as the funding environment for Indian startups is a challenge, with many edtech players rethinking their growth trajectories. Unacademy’s leadership believe that "default alive" status will provide a solid foundation for further advancement and innovation.
Source: Moneycontrol
Advertisement
Advertisement