Unacademy Shifts to Franchise Model, Refocuses on Online Test Preparation

Unacademy is exiting its company-operated offline centres to adopt a franchise model, aiming for a more asset-light and cost-efficient structure by April 2026. Founder Gaurav Munjal emphasized a renewed focus on the online test preparation business after acquisition talks with Upgrad ended. The company has reduced cash burn significantly and reported positive contributions from key verticals, signaling a strategic shift back to its online-first roots amid efforts to sustain growth and profitability.