The plan is profitability first, followed by IPO
Financial Express Delhi|January 09, 2025
Unacademy, an edtech company, is prioritizing profitability over rapid expansion, aiming for an IPO after achieving financial stability. The company has significantly reduced its losses and is focusing on its core business and a language learning app, Airlearn.

What occupancy rate is required for an offline centre to be profitable within an academic year?

A 60-70% occupancy rate ensures profitability within the academic year, and our new centers are consistently achieving that target.

The rise of exam prep hubs beyond Kota has been noticeable. How has that trend impacted Unacademy?

Kota has never been more than 15% of our revenue. While it's a major hub for some competitors, we've diversified our approach. So, the rise of other hubs hasn't significantly affected us.

What are your offline expansion plans?

Bu hikaye Financial Express Delhi dergisinin January 09, 2025 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

Bu hikaye Financial Express Delhi dergisinin January 09, 2025 sayısından alınmıştır.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.

FINANCIAL EXPRESS DELHI DERGISINDEN DAHA FAZLA HIKAYETümünü görüntüle
Financial Express Delhi

Call grows for action on AI, reforms

BIG BLOW 370% rise in sanctions since 2017, along with subsidies Over 5% rise in inflation estimated in a very high fragmentation scenario

time-read
1 min  |
January 24, 2025
Financial Express Delhi

Invest in stocks: China to insurers

Stocks Jump After Briefing

time-read
1 min  |
January 24, 2025
Financial Express Delhi

Grade A warehousing mkt to hit 700 mn sq ft

THE LOGISTICS AND industrial real estate sector saw major growth, with Grade A warehousing in eight cities increasing from 88 million sq. ft in 2019 to 238 million sq ft in 2024 (22% CAGR).

time-read
1 min  |
January 24, 2025
Financial Express Delhi

57% Taxpayers Seek I-T Rate Cuts

Around 57% of the taxpayers in a recent survey want lower tax rates and higher exemptions in the coming Budget.

time-read
1 min  |
January 24, 2025
Financial Express Delhi

Small tea growers for curbs on substandard imports

SMALL TEA GROWERS (STGs) have urged the Union commerce ministry to take steps to curb import of substandard crop from countries like Kenya and Nepal and protect the domestic industry.

time-read
1 min  |
January 24, 2025
Financial Express Delhi

HPCL Consolidated Profit in Q3 Surges 257% to ₹2,544 Cr

HINDUSTAN PETROLEUM CORP Ltd on Thursday reported a surge of 256.8% year-on-year in its consolidated net profit for the December quarter of FY25 at ₹2,543.65 crore from ₹712.84 crore in the year-ago period.

time-read
1 min  |
January 24, 2025
Financial Express Delhi

LNG imports to fall in 2025 as demand moderates: IEA

INDIA'S IMPORT OF LNG (liquified natural gas) is expected to decline in 2025 on the back of moderating demand and continued competition for LNG cargoes internationally, as per the International Energy Agency.

time-read
1 min  |
January 24, 2025
Financial Express Delhi

80% firms struggle to find talent: Survey

DESPITE A STRONG global hiring outlook, Indian employers are expecting a cautious first quarter of 2025 due to ongoing talent shortages, according to the ManpowerGroup Talent Shortage Survey.

time-read
1 min  |
January 24, 2025
Financial Express Delhi

In hiding, Awami League leaders connect with Hasina

A three-term Awami League MP's home in Dhaka and his ancestral estate were ransacked on the evening of August 5, 2024, the day Sheikh Hasina was forced to flee.

time-read
3 dak  |
January 24, 2025
Financial Express Delhi

UltraTech Cement Q3 profit at ₹1,473.51 cr; stock surges 7%

ADITYA BIRLA GROUP firm UltraTech Cement on Thursday reported a consolidated net profit of ₹1,473.51 crore for the third quarter ended December 31, 2024.

time-read
1 min  |
January 24, 2025