[[{“value”:”
Unacademy cofounder and chief executive officer Gaurav Munjal has clarified that the edtech startup is not looking for “any sale or M&A”.
This comes just two days after reports suggested that Unacademy was in advanced discussions with offline test preparation centre Allen Career Institute for a potential sale for $800 Mn.
However, the Unacademy’s chief took to LinkedIn today (December 7) and dismissed the reports of acquisition talks as “rumours”.
“We are building Unacademy for the long run. We are not doing any sale or M&A. Ignore the rumours,” Munjal said.
He went on to say that 2024 will be the best year for Unacademy in terms of growth in the offline business and overall unit economics.
(The story will be updated soon)
The post We Are Building Unacademy For Long Run, Not Doing Any M&A: Gaurav Munjal appeared first on Inc42 Media.
“}]]
Read More Latest Startup News From The Indian Startup Ecosystem – Inc42 Media