Key calls Unacademy has to make: focus on verticals or services; and unlocking value in acquisitions
Synopsis
Until recently, funding-fuelled acquisitions had largely driven Unacademy’s growth. Now, investors are tightening their purse strings, making the need to become profitable all the more critical. The ed-tech unicorn has to decide how it can best deploy its resources for growth, balance expansion, and manage costs.
Ever since the pandemic, several ed-tech companies have been trying to strike a balance between hybrid, offline, and online classes on the one hand, and profitability and growth on the other. For Unacademy, which states that its mission is “to democratise education and make it more affordable and accessible”, achieving such a balance will imply expanding its reach and managing costs well. While the ed-tech unicorn caters to nearly 50 million
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