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Bengaluru-based edtech startup Unacademy has acquired Mumbai-based competitive programming platform CodeChef. In a tweet, Unacademy cofounder and CEO Gaurav Munjal said that CodeChef will come on ...
Unacademy to hive-off CodeChef next month In the past, even Byju’s has highlighted challenges in scaling up WhiteHat Jr, its coding platform.
After hiving off CodeChef, Unacademy cuts 12% staff Those affected will receive, among others, severance pay equivalent to the notice period and one month’s pay ...
Edtech unicorn Unacademy has spun off the non-profit coding platform CodeChef, which it acquired in 2020 for an undisclosed amount. “Starting April, CodeChef will be an independent company owned ...
SoftBank-backed Unacademy has hived off coding platform CodeChef into a separate entity, a move that will help the edtech unicorn in trimming non-core expenses as it looks to turn profitable.
Unacademy will hold a 30% stake in the new independent entitiy, coding platform CodeChef, as an investor, the edtech unicorn said.
CodeChef said it will be splitting from edtech unicorn Unacademy starting in April, owing to the ongoing economic slowdown.
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