NEW DELHI -- Amid rising struggles for India's once-hot educational technology market, SoftBank-backed Unacademy is undertaking drastic steps to prioritize profitability ahead of its planned initial public offering in two years.
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India startup Unacademy cuts executive pay, free snacks to save cash
Educational technology sector has been cooling as brick-and-mortar schools reopen
With India's education technology market cooling, SoftBank-backed Unacademy has been cutting costs. (Screenshot from Unacademy's website)
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