Munjal

Edtech startup Unacademy, which has been cutting its workforce for a year across multiple rounds of layoffs, aims to hit Ebdita-level (earnings, depreciation and amortisation) profitability by this month, according to an internal memo sent…

A day after cutting 12% of its workforce, Unacademy on Friday said the edtech firm’s leadership will take permanent salary cuts extending up to 25%.In a memo to employees, cofounder and CEO Gaurav Munjal told employees that the…

Edtech startup Unacademy announced on Thursday another round of layoffs, cutting 12% of its workforce, according to an internal memo sent by CEO Gaurav Munjal, reviewed by ET.“We have taken every step in the right direction to make our core…

Last Updated: February 07, 2023, 18:16 ISTHero MotoCorp CEO Pawan Munjal.Pawan Munjal says two-wheeler segment, which has been witnessing subdued sales over the last few years, needs government support in terms of taxationHero MotoCorp…

Unacademy cofounder and chief executive Gaurav Munjal told employees in the company’s Slack channel on Tuesday that Tiger Global and Alpha Wave-backed edtech firm Classplus was “definitely overvalued”. Classplus competes directly with…

Edtech startup Unacademy is cutting as many as 350 jobs amid a push to reduce costs and turn in a profit, in yet another round of layoffs. According to an internal memo to employees from Gaurav Munjal, cofounder and CEO of Unacademy group,…

Unacademy has brought its monthly burn down from $20 million to $7 million, said co-founder and chief executive officer Gaurav Munjal. Taking to Twitter on Friday (November 4), Munjal said, "Winter will get worse. Get to profitability asap.…

Edtech unicorn Unacademy will not lay off any more employees and work to reduce other expenses, said cofounder Gaurav Munjal in an internal note to staff on Tuesday. In April, Unacademy fired around 1,000 employees across the group as part…

Bengaluru: The managing director of Hero Electric, the country’s largest electric two-wheeler maker by volume, said there could be no shortcuts to validation and testing of vehicles in real-world conditions before selling those to…

NEW DELHI: The Income Tax Department is conducting raids on multiple premises of Hero Motorcorp as part of a tax evasion investigation, officials said Wednesday morning. Searches are being conducted on 25 premises, according to reports.…