India's Unacademy to shut test preparation ops, impose pay cuts to "become IPO-ready"

India's Unacademy to shut test preparation ops, impose pay cuts to "become IPO-ready"

Unacademy Co-founders (L to R), Roman Saini, Hemesh Singh and Gaurav Munjal

Amid rising struggles for India’s once-hot edtech market, SoftBank-backed Unacademy is undertaking drastic steps to prioritise profitability ahead of its planned IPO in two years.

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