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Unacademy, once valued at $3.5 billion in 2021, may now be worth less than $500 million, according to co-founder Gaurav Munjal.

Unacademy, once one of India’s best-known edtech startups, may now be worth less than $500 million, 85% less than its pandemic-era peak valuation, as the company undergoes a steep reset and explores ...