Gaurav Munjal
@gauravmunjal
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Unacademy, NextLevel, PrepLadder, Graphy
BLR and SF
Joined April 2009
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#ขวัญฤทัยตอนจบ
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Microsoft just acquired OpenAI without acquiring OpenAI. And made it fully for-profit without making it fully for-profit. Satya plays 4D Chess.
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24 years of cracking and mastering the game. Now, a lifetime of helping learners crack their goals.
Welcome
@sachin_rt
to Unacademy!
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We are announcing Teacher Stock Options (TSOPs) for all Unacademy Educators.
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Unacademy Group has closed a $440M funding round at a valuation of $3.44B led by Temasek and with strong participation from SoftBank, GA and Tiger. Deepinder Goyal, Ritesh Agarwal and Mirae Asset also participated in the round. Thanks a lot everyone for your conviction 🙏
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Unacademy Group has raised $150M in a round led by Softbank valuing us at $1.45B post the funding. Great to have them onboard as a partner in our journey.
Our existing investors General Atlantic, Sequoia India, Nexus, Facebook and Blume also participated in the round.
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Used to be the case few months ago. Last month our Cash Burn was 1.9 crores with 130 crores of Revenue. And this month we will be Cash Flow Positive.
Our FY’24 numbers are going to be awesome. This year is going to be the best year for Unacademy so far.
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June’23 was Unacademy Group’s first ever Cash Flow Positive Month since we started the company in 2015 ❤️❤️❤️
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We have had this Poster in our Office for years. We love you Sam ❤️
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14 years of friendship, fights, trips, debates, building things and more with
@RomanSaini
:)
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When results for IIT-JEE Mains were announced last month, hundreds of learners from
@Unacademy
had cracked top ranks. Of particular note was a learner who had scored a perfect 100 percentile. Why? Because he lives in Santipur, a village in Nadia district of West Bengal.
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2023 will be worse than 2022 for Tech. This is what I keep hearing.
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We didn’t build a global Social Network or an Operating System or a Browser or Cloud Infra. Yet we are so offended by
@sama
’s statement.
I would love nothing more than Global Products and Companies being built out of India. But we have to also accept the reality. Founders and…
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Unacademy Group has raised a new investment round from Tiger Global Management and Dragoneer Investment Group. The funding round values Unacademy Group at $2B.
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Extremely bullish on Metaverse. It will be huge. And Zuck will go down in history as one of the greatest entrepreneurs of all time.
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Family and my Pet Albus has been evacuated on a Tractor from our society that’s now submerged. Things are bad. Please take care. DM me if you need any help, I’ll try my best to help.
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Unacademy is launching a Chess Subscription on 15th August 2020. Aimed at providing the best online chess training; Unacademy has partnered with 13 global Grandmasters including Viswanathan Anand, Vladimir Kramnik, Subbaraman Vijayalakshmi, Sriram Jha & Pravin Thipsa.
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Mumbai and Delhi cannot become Tech Hubs how much ever people try.
Bangalore’s Network Effects are too deep to be broken.
Bangalore is the place to be if you’re starting up. Don’t even think about any other place.
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Happy to announce that Unacademy has raised $110M in a new round of Funding from General Atlantic, Sequoia and Facebook with participation from existing investors Nexus, Steadview and Blume.
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Imagine if every Book is converted into an Animated Book and made 10x more engaging. AI will do this. Huge opportunity here to disrupt Kindle and Audible.
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What if you could participate in a tournament and get a dream job in the best companies of the world?
Doesn’t matter which college you went to, actually does not even matter if you went to college.
Only thing that matters is how you perform in the Tournament.
Stay tuned.
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Credentialing is broken. We still rely on random Degrees and Certifications to measure how good someone is for a particular Skill. And LinkedIn feels like a Product from early 2000.
It’s time to change all of this.
NextLevel is launching next week.
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The first piece of advice I give every early stage Founder I meet is to ban remote work in their org and call everyone back to Office (except for genuine cases).
In almost every case I get a message a few weeks later saying that this advice was game changing for their org.
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I don’t usually post Business Updates but this one it too good to ignore.
One year back Unacademy launched its subscription product for Learners across the country to access Live Classes from the Best Educators for various examinations.
Today we hit $30M ARR.
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From our first meeting in 2016 to our latest one last week, Deepinder Goyal has always proven to be a great supporter and mentor for Unacademy and for me personally as well. I’m stoked to share that he will be joining the Unacademy Board. Welcome
@deepigoyal
, let’s crack it!
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Thank you PM
@RishiSunak
for inviting us to 10 Downing Street and spending time with us. Great Event by India Global Forum.
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Indian Startup that’s currently valued under $100M and you think will be a 🦄 in the future?
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I remember watching every single video made by YC in the early days of Unacademy. Years later, YC still makes the Best Content.
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It is painful to see some of our talented people leaving us over the next few days.
If you are hiring in your organisation, please email me at gaurav
@unacademy
.com and we would send you the directory of the impacted roles.
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Introducing Unacademy Icons.
A subscription where you can learn new skills from the very best, from the Icons.
Our 1st Iconic Course is with the legendary
@sachin_rt
where he will teach the fundamentals of the game in his first ever Cricket Course.
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Every Company must have a dedicated YouTube team. It’s 2023. One social media person posting random stuff on festivals doesn’t work. Dedicated YouTube team (for long form content) and a dedicated shorts team for Shorts / Reels (short form content) is an absolutely must today.
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If Unacademy could launch anything in 2023, what would it be?
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If Unacademy could launch anything in 2022, what would it be?
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Never thought I’ll say this but with every passing day I am realising that Discipline and Work Ethics are few of the Most Important Moats that a Company can have.
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Any Startups in Bangalore that are doing some great work in AI?
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Frameworks we use at Unacademy that help us do what we do:
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Two major problem with colleges:
- they are not preparing students to be great at the jobs they’ll end up doing post college
- the ability of the student has little to do with placements / heavy reliance is on college’s ability to get companies for placements
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Winter will get worse. Get to profitability asap. And then grow from there. Stop all unnecessary spends.
Focus on building great Products and organic Traction Channels.
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OKRs are shit. Don’t waste your time by implementing complex processes. Right Metrics and Clear Monthly Goals will lead to more Outcomes than you can imagine.
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Selling Courses is one of the best ways to monetise your audience. Creators and Educators on Graphy are making more than $3M - $4M every month by selling Courses.
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The first-ever Unacademy Store is now open at Pusa Road, New Delhi.
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We do not learn from experience. We learn from reflecting on experience.
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Unacademy Group is launching a phenomenal Product for Creators to launch Cohort Based Live Courses. Stay tuned :)
The Product is called: Relevel
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BlinkIt needs to start an on demand under 10 minutes Water Tanker Service for Bangalore.
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Early stage Startup activity is at an all time low. Come on, don’t be discouraged. Some of the best companies were created during downturns.
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Every time I spend time with
@bhash
, I am blown away with his Crazy Vision of how the Future should look like 🔥🔥🔥
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Google’s paranoia about ChatGPT is inspiring. The fact that they accept that this is a Strategic Inflection Point for them and they’re in chaos mode says a lot about the Culture they have built. Most companies would be in ignorance stage.
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Unacademy and Govt. of H.P. today signed an MoU to empower learners from Hamirpur and H.P. for competitive exams. This is a crucial step in our vision to democratise access to quality education, and we thank Hon'ble Union Minister Shri
@ianuragthakur
for his guidance and support.
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Happy to announce that PrepLadder, India’s largest higher medical education platform, is now a part of Unacademy Group.
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90% job of a Great Leader is to just set a very high bar for Speed and Quality in everything that the company / team does and not settle for anything less than that bar. No compromises.
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WhatsApp is becoming SMS with each passing day. So much spam.
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is live :)
- 500+ job openings 👩💻
- 50+ companies 🏙
- Tournaments designed by industry experts 🚴♂️
Time to Relevel the playing field 🔥
What if you could participate in a tournament and get a dream job in the best companies of the world?
Doesn’t matter which college you went to, actually does not even matter if you went to college.
Only thing that matters is how you perform in the Tournament.
Stay tuned.
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Unacademy Group just crossed 440k Active Subscribers 🚀😀
A huge thanks to our team, educators and learners for their continued belief in the organisation that believes in building Iconic Products to help them achieve their goals.
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Productivity hack
For every 4 hours that you work, spend at least 15 minutes thinking about what to work on.
What you work on is more important than how hard you work.
Prioritising is the key to great results.
Most people keep working very hard with negligible outcomes.
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Which is the last Product that you used that blew your mind?
I’ll start: Oculus Quest 2.
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Excited to share that Unacademy Jaipur Store is now open :)
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In a conversation with a Unicorn Founder I asked: “What drives you? Money, Fame? What is it?”
His/her reply “Staying consistently relevant. Just staying relevant in the ecosystem and to keep building great stuff is an achievement in itself. Most people become irrelevant.”
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Focus on building a great services that people need. Focus on helping people achieve their professional goals.
Thank you
@reedhastings
for this meeting. It was a great learning experience 🙏
P.S. I will send you last year's JEE Paper that you want to solve :-)
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What is happening with WhatsApp? So much spam. So much.
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Urge everyone to come forward and donate. Our country needs us.
Big hugs and thanks to the entire
@unacademy
team for a very generous contribution of Rs 7 crores to
@feedingindia
for procuring medical supplies for India.
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Day 2 in Bombay with no cash - no ATMs working. Paid the autowalla 5kgs of rice from a store. Long live barter system.
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Our most ambitious and Iconic Film till date. Took almost 1 year to make.
Lesson No. 7
Eyes on the target and determination to break every barrier makes a champion! This International Day of Education, make a note to remember Lesson No 7 during tough times.
#DhoniUnacademyFilm
#LessonNo7
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Colleges do a really bad job of credentialing these days (except the Top 3%). Most Colleges fail to even get good companies for Placements.
Holding a mere Degree is no longer relevant. Still people are spending a lot to get one.
Even the Education is outdated.
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LinkedIn is so bad that it’s not even funny.
And outdated and cluttered.
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Unacademy just crossed a watchtime of 1 Billion Minutes across our platform and YouTube in March.
Our Educators took 100,000 Live Classes (25,000 were free) on Unacademy this month.
A big thanks to all our Educators for stepping up in times like these and helping students 🙏
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EdTech is here to stay. In fact I am more bullish on it than I ever was.
Opening a few Centres in two of our categories should not be linked to EdTech failing. Correlation is not causation.
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We just enabled Term Life Insurance for all our Educators (around 4000) along with the Health Insurance they already had. Really happy that
@getplumhq
got this done for us super fast.
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The genius of Apple is not just in their Products. It’s their Sales. Events are so good that we can’t miss them. Stores are so beautiful that we want to go inside every time we see one.
Innovation in Sales and Traction Channels is a highly underrated moat.
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How to 10x your Productivity and be an Idea and Execution Machine?
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Happy to announce that Unacademy has raised $50 Million in Series D Funding from Steadview Capital,
@Sequoia_India
,
@NexusVP
and
@BlumeVentures
.
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Everyone has two lives, the second one starts when one realises that Retention is everything.
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On 30th January, 2019 Unacademy launched its Subscription Products.
Unacademy crossed 800,000 Active Paid Subscriptions today 🔥❤️🙏
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Notes from Michael Phelps talk at the Sequoia Camp. Gave me goosebumps. Very inspirational. Thanks
@Sequoia_India
!
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Not hearing about any interesting early stage Startups lately. What’s happening? Anybody building anything interesting?
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The culture is Winning. The culture is not participating.
There is no certificate of participation while building a startup. Either build a culture of winning or don’t play at all.
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