Sandeep Singh

When we started Airlearn two years ago, we had one goal: to build an Iconic Global Product built from India. As of today: - Around 2M Monthly Downloads without any performance marketing spends, making Airlearn one of the top five downloaded language learning apps globally - 25M Lessons completed every Month - Almost $5M Bookings Run-rate with 110k Active Paid Subscribers - AI Subscription now driving almost 10% of the Bookings - More than 50 Courses now Live on the App including Chess From India to the World ❤️

Unacademy and upGrad have signed a term sheet for upGrad to acquire Unacademy in a 100% share swap deal. Neither side will disclose the valuation until closing, when the papers are filed and the transaction becomes public. In the last one year, a lot has happened at Unacademy: - We consolidated company operated centres with franchise partners so we could refocus on what we do best, building great online education products - We completed a ₹50 crore ESOP buyback and nearly 40% of former employees have already participated - Airlearn, our first global product, is gaining meaningful traction in the US, UK, Germany and Canada - Our Cash Reserves as of today are more than $100M I will be staying back as Co-Founder and CEO Unacademy - with the Goal to build Great Online Products for Learners in India and Globally. Unacademy helped invent the Modern EdTech Playbook. Along the way we lost some focus and market share, and the sector itself has not seen enough real product innovation in recent years. AI will fundamentally reshape education, and EdTech may become one of its biggest beneficiaries. The opportunity to reimagine learning products has never been greater. I have long admired what @RonnieScrewvala and the upGrad team have built. They have quietly but relentlessly established themselves in the upskilling, lifelong learning and higher education space. If & when we do come together, we share upGrad’s belief that ‘The Whole is bigger than the Sum of Parts’ and altogether we will impact students, learners and working professionals & build great Products from K12 to Forever Learning. The next chapter for education is only beginning.

Highlights from Unacademy Group’s Townhall today:

Airlearn turns ONE tomorrow 🎉🎉🎉 Here’s what we have achieved in the last 12 Months:

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.

Graphy 🤝 Spayee Here’s to empowering millions of Creators & helping them pursue their dreams full time through the amazing Monetisation Products we are building 🥂 Our Creators are now making almost 20 crores a month. Being a full-time Creator is an amazing Career Path ☺️