Unacademy is Profitable 🔥

Unacademy is Profitable 🔥

June was company's first-ever cash-flow-positive month, which means it is earning more than it is spending.

This is impressive considering the fact that they have reduced their cash burn by 99%.

In 2021, they were spending 200 crore Rupees every month, which they have now reduced to just 1.9 Crore Rupees. according to its CEO Gaurav Munjal.

One of the major reasons behind this is heavy layoffs. The company has fired almost 60% of its staff since 2021, from 6000 employees, they are down to only 2500 employees now.

And finally, they have cut their marketing budget significantly. Last year for eg, they spent over 400 Crores on marketing, which they have reduced heavily now.

#unacademy #startup #entrepreneurship #marketing #business #money #company #enterprise #indianstartups #india #funding #unicorn #investing #founder #wealth #motivation #businessideas #success

Видео Unacademy is Profitable 🔥 канала Backstage with Millionaires