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Unacademy CEO denies $800M sale report, highlights company’s financial health and growth.
Unacademy CEO Gaurav Munjal denies reports of a potential $800 million sale to Allen Career Institute, asserting the company's focus on long-term growth.
Unacademy has strong finances, including $170 million in cash reserves and no debt, and has seen growth in its offline test prep segment.
Despite online business challenges, the company improved unit economics and reduced cash burn by 50%.
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Unacademy CEO niega informe de venta de $800M, destaca la salud financiera de la empresa y el crecimiento.