Unacademy Overview
Pro stress-test →Unacademy is an Indian edtech company founded in 2015 and headquartered in Bengaluru. The platform provides online educational resources and structured courses for exam preparation, offering live classes with educator interaction, recorded classes, practice sections, mock tests, and downloadable lecture notes. The company has undergone significant valuation contraction—from a $3.44 billion peak in 2021 to under $500 million as of 2026—while fundamentally restructuring its cost base.
Strategic Profile
Pro stress-test →Between FY22 and FY25, Unacademy reduced its annual net loss by 85% through layoffs (6,000 → 1,799 employees), a 70%+ cut in marketing and advertising spend, educator cost rationalization, and closure of unprofitable business lines. In January 2026, Gaurav Munjal announced that Unacademy would transition to a franchise model for its offline centres. The company now competes in a consolidated Indian edtech market where top competitors include BYJU'S, Embibe Education, and Toppr.
Competitive Landscape
Pro stress-test →Top competitors include BYJU'S, Embibe Education, and Toppr. Other competitors include Vedantu, Testbook, and Codecademy. The Indian competitive exam prep market consolidated significantly post-pandemic as online demand normalized. Unacademy ranks 1st amongst 921 active competitors in the EdTech space, though multiple players (BYJU'S, UpGrad, Vedantu) compete across overlapping segments.
Industry Context
Unacademy operates in Online test preparation and competitive exam coaching.
Key facts
Founded: 2015 · Headquarters: Bengaluru, India · Employees: 1,799 (July 2025) / ~9,700 (May 2026 estimate) · Revenue: ₹826 Cr (~$99M USD, FY25)