How does Unacademy earn money?
According to the annual financial report filed by the company with MCA, Unacademy earned Rs 11.66 crore in revenue from operations during FY19. Importantly, its entire revenue has come through the paid subscription service. The company recorded a 6.6X jump in revenue during FY19 as compared to Rs 1.76 crore in FY18.
What is the monthly income of Unacademy?
Average Unacademy Educator salary in India is ₹ 6.2 Lakhs for less than 1 to 10 years of experience. Educator salary at Unacademy ranges between ₹1.2 Lakhs to ₹ 16 Lakhs. According to our estimates it is 38\% more than the average Educator Salary in India.
Is EMI available on Unacademy?
When you buy a product on equated monthly installments (EMI) it takes away the burden of paying the huge cost upfront.
How does Unacademy make money?
Now for top Educators to teach on the platform and to become a sustainable and a profitable company, Unacademy will experiment a bunch of revenue models, like paid Live Classes (Courses are free, live classes are paid, exclusive and for only a few students to make them personalised), or a subs Unacademy is a platform for Educators and Learners.
What kind of learning material is available on the Unacademy platform?
As of today, there are two different categories of learning material available on the Unacademy Platform. The first category consists of the pre-recorded video lessons which are submitted by the educators on the platform. This pre-recorded content is free and is available to anyone who registers on the platform.
Does Unacademy plagiarize?
Unacademy has already been accused of plagiarized content on their platform by various verified educator. You can read more here : Rajesh Balasubramanian’s answer to What is the progress in the 2IIM Unacademy plagiarism issue? Again, being an educator you are liable to pay all the taxes.
What are the problems with the concept of unacadamy?
The 1st fundamental problem with the concept of unacadamy is that everyone can be a teacher. Well this is wrong. Everyone can not become a teacher for teaching thousands of students. To be a good teacher one should have knowledge, experiance,maturity and on the top of it the teaching skill which is lacking in the unacadamy tuters.