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Unacademy’s valuation may be less than $500 million, from $3.5 billion in 2021: Gaurav Munjal

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Unacademy’s valuation might have dropped sharply, falling below $500 million from $3.5 billion in 2021, cofounder Gaurav Munjal said on Wednesday.

“Three years ago, I used to care a lot about this, which probably led us to make some bad decisions — this chase of valuation. But today I care more about building great products, having great unit economics, and growing profitably,” Munjal said in a post on X.

This comes at a time when the company’s founders have been actively focussing on its language learning app, Airlearn.

“A few bad…

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