Facebook Pixel Airlearn spin-off may mirror Unacademy shareholding | Mint Kolkata - newspaper - इस कहानी को Magzter.com पर पढ़ें

कोशिश गोल्ड - मुक्त

Airlearn spin-off may mirror Unacademy shareholding

Mint Kolkata

|

June 05, 2025

Founder Munjal is expected to hold a larger stake in the AI-powered language learning app

- Rwit Ghosh & Mansi Verma

Founder Gaurav Munjal is expected to hold a larger stake in Airlearn, Unacademy's artificial intelligence (AI)-powered language learning app, than he currently does in the parent company, as he prepares to spin it off into a separate entity, according to two people familiar with the matter.

Apart from Munjal's stake, Airlearn is largely expected to mirror the shareholding structure of its parent company.

The move marks a significant pivot for Munjal and co-founder Roman Saini, who are stepping away from Unacademy to lead Airlearn full-time.

As part of the ongoing spin-off, Munjal is in discussions with existing investors Peak XV and Nexus Venture Partners for additional capital, the people added. "As of now, the discussions are ongoing and there are many moving parts, but investors like General Atlantic and SoftBank are expected to retain mirror shareholding in the hived-off entity," one of them said.

Mint Kolkata

यह कहानी Mint Kolkata के June 05, 2025 संस्करण से ली गई है।

हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।

क्या आप पहले से ही ग्राहक हैं?

Mint Kolkata से और कहानियाँ

Mint Kolkata

Mint Kolkata

Investors are betting on lawsuits as an asset class

200-300% over a four-to-five-year period, according to Mago. If the case is lost, investors bear the loss.

time to read

1 mins

May 13, 2026

Mint Kolkata

ABB India faces an uphill battle

Industrial products maker ABB India Ltd reported order inflows of ₹4,280 crore for the March quarter (Q1CY26), up 25% year-on-year and its highest-ever quarterly figure. But the Street’s focus is elsewhere: margins.

time to read

2 mins

May 13, 2026

Mint Kolkata

Mint Kolkata

Diaspora dollars: useful if not taken for granted

With India’s foreign-exchange reserves at $691 billion, we can breathe easy on the external front for now. Credit the Indian diaspora for some of this. But we must do our bit as well

time to read

2 mins

May 13, 2026

Mint Kolkata

Mint Kolkata

EBay rejects GameStop's $56 billion bid

EBay on Tuesday rejected an ambitious $56 billion takeover bid from the much smaller GameStop on doubts over the financing of the deal, while underscoring its turnaround efforts that have boosted growth.

time to read

1 mins

May 13, 2026

Mint Kolkata

PVR margin recovers on higher ticket prices, food spending

PVR Inox’s shares fell over 5.5% after its March quarter (Q4FY26) results despite a 26% year-on-year growth in consolidated revenue to ₹1,547 crore. The Ebitda margin rose to 29% from 24% in Q4FY25, while the metric rose to 32% for FY26 versus 27% in FY25. Perhaps investors are unsure if this recovery can be sustained.

time to read

1 mins

May 13, 2026

Mint Kolkata

Dixon, Syrma SGS project strong FY27 revenue growth

Dixon Technologies and Syrma SGS, India’s top two listed electronics manufacturers, said they expect growth in the technology markets to remain resilient in FY27, despite rising memory chip costs, increased shipping prices and muted demand due to the West Asia conflict.

time to read

2 mins

May 13, 2026

Mint Kolkata

Mint Kolkata

Musk's Grok is losing ground in AI race

his AI startup, trying to catch up in the AI arms race. He personally oversaw the design of a racy chatbot. Grok also offered settings that let users create suggestive and sexualized content that former employees said spurred engagement.

time to read

2 mins

May 13, 2026

Mint Kolkata

Titan sees brief hit from gold curbs

Titan Co., India’s largest jeweller, expects a temporary slowdown in demand if the government implements any measures to curb gold-buying, but is confident that domestic consumption will remain resilient in the long term.

time to read

1 min

May 13, 2026

Mint Kolkata

India's labour market is undergoing a structural shift

The latest Periodic Labour Force Survey (PLFS), a much-improved version from earlier ones, reveals how India’s labour market is undergoing a structural transformation.

time to read

3 mins

May 13, 2026

Mint Kolkata

Mint Kolkata

MAD politics: social media is deepening American divides

Pandering to extremes has yielded mutually assured dysfunction

time to read

3 mins

May 13, 2026

Listen

Translate

Share

-
+

Change font size