Key Points
Mumbai: Following high-level exits leading up to its chief financial officer (CFO) Subramanian Ramachandran quitting in October, Unacademy is looking to hire two CFOsone for centres (offline business) and one for online and other businesses, three people in the know said, seeking anonymity..
Pratik Dalal, the current finance head of Cred is likely to join Unacademy, one of the people cited above said..
However, in April, Munjal in an internal communique to its employees, said the company expects a revenue of 1,250 crore in 2023 on a consolidated basis, up from 992 crore in 2022..
According to a third person, the company is seeing its online business decelerating primarily in NEET and JEE segments by up to 20-25% from a year earlier..
In its internal messaging platform, Munjal told his employees that despite taking every step in the right direction to make its core business profitable, it had failed to get the desired results..
