'We have Rs 1200 crore in the bank account; Now we have three simple goals...', says Unacademy CEO

Unacademy CEO Gaurav Munjal has said the edtech startup is in a “default alive” state with Rs 1,200 crore in the bank, signaling improved financial stability after years of aggressive cash burn.

Speaking at a company town hall, Munjal outlined the Unacademy's dramatic financial turnaround—reducing cash burn in its core business from over Rs 1,000 crore three years ago to under Rs 200 crore this year.

"Significant Improvement in Cash Burn in the Core Business. Three years ago we used to Burn more than 1000 crores here, this CY it will be under 200 crores. This is half of what we did last year," he wrote.

The edtech unicorn now has three clear goals: making the core business profitable, building global tech products like Airlearn and Graphy, and staying focused without being distracted by market noise or rival acquisitions.

“Any edtech that goes after multiple acquisitions to grow is bound to fail,” Munjal said. “It just doesn’t work in this market. So keeping the “Blinders on” and not worrying about who is acquiring whom and focusing on Profit is the only way to go.”

Any EdTech (and we have done this mistake in the past) that goes after multiple acquisitions to grow is bound to fail. It just doesn’t work in this Market. So keeping the “Blinders on” and not worrying about who is acquiring whom and focusing on Profit is the only way to go.

— Gaurav Munjal (@gauravmunjal) April 21, 2025

Core units turning cash positive

According to Munjal, Unacademy’s subsidiaries Graphy and Prepladder are now generating cash each month, and nearly 70% of the company’s offline centres are expected to be profitable at the centre level this year. These centres, which serve aspirants of exams like JEE, NEET, and UPSC, are also producing strong learning outcomes, he said.

Among the most promising initiatives is Airlearn, Unacademy’s language learning platform, which has reached 70,000 daily active users and clocked $2 million in annual recurring revenue over the past year.

Munjal described it as a “truly global product built out of India,” reinforcing the Bengaluru-based startup's ambition to create world-class education technology solutions.