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Bengaluru: Vipan Joshi, chief financial officer at Aakash Educational Services Ltd, has resigned effective 31 October, two people aware of the development said, adding to a leadership churn as the company proceeds with a rights issue. Joshi tendered his resignation about six months earlier, they said. A spokesperson for Aakash confirmed on a call on Tuesday that Joshi had stepped down. Mint reached out to Joshi through calls and text messages but he did not respond. Joshi said in a post on Lin ...Read More >
New Delhi, Dec 18 (VOICE) Gaurav Munjal-led edtech platform Unacademy recorded a loss of Rs 285 crore in FY24 compared to Rs 1,592 crore in FY23.The loss was narrowed due to the reduction in the company's expenses. The total expenditure of the company in FY24 was Rs 1,149 crore, which is 53.29 per cent less than the FY23 figure of Rs 2,460 crore. In FY24, Unacademy's expenditure on employees decreased 69.47 per cent year-on-year to Rs 340 crore, compared to Rs 1,114 crore in FY23. The reason ...Read More >
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