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Indian edtech Unacademy cuts upskilling service to double down on tests product and LinkedIn rival

As part of the move, about 40 people at Relevel will be let go “because of lack of availability of roles,” Unacademy co-founder and chief executive Gaurav Munjal wrote to employees on Tuesday. About 80% of Relevel’s team will be absorbed by other businesses within the Unacademy Group, he said in the note, reviewed by TechCrunch. “We are very grateful for the hard work and contributions of the Relevel team. Their hard work and hustle allowed us to scale revenues quickly but unit economics proved challenging,” wrote Munjal. “Our culture is to pursue novel and creative ideas but we are also disciplined about holding ourselves to a high bar to continue the projects we start. Again, this decision doesn’t take away from them their positive contributions especially towards improving the learning trajectory and job prospects of our customers.” The company did not immediately respond to a request for comment. (More to follow) Indian edtech Unacademy cuts upskilling service to double down on tests product and LinkedIn rival by Manish Singh originally published on TechCrunch

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