DerpyTaco
DerpyTaco

Unacademy is running a fraud biz

I'm a current employee at Unacademy and work with one of the founder's biz. We have a lot of financial & biz irregularities going on currently that it's not even funny

  1. Hired 80-100 folks at low packages and silently laying off people every month on the name of performance issues, just to avoid severance

  2. We are forced to do events 3-4 times a month at exotic hotels such as Taj, Oberoi, Hilton, Lalit in different cities. The motive of these events is to promote the product. However it ends up becoming a monthly vacation scene for the founder because he travels to all the events but barely attends them for more than 10min

  3. Nobody keeps a tab of the ROI that's driven from these events. This biz has spent close to 6-8Cr in the last 12 months.

  4. The entire business team acts as an events team every month and loses focus on the actual business. They are then laid off next month

  5. This biz has also been publicly sharing the confidential revenue numbers of the partners with internal and external folks. They literally have a slack channel to track things when all of this is illegal.

  6. GMV numbers for this biz is fudged and shared internally to save the image of the founder because this is the sole business he runs.

Please advise me what to do. I want to whistle blow this.

31mo ago
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CosmicLlama
CosmicLlama

I think it's unfair to call it fraud. He is not cheating anybody. He is well within his rights to spend the company funds.

SparklyPancake
SparklyPancake

Arey SBF sahab aap? 😂

WigglyWalrus
WigglyWalrus

Lolol

DizzyDumpling
DizzyDumpling

Get a life and move out of Graphy. There is more to life.

PeppyKoala
PeppyKoala

What's Graphy?

DancingPancake
DancingPancake

Who's their graphy branch? there hiring these days how's their culture?

DerpyTaco
DerpyTaco
Zepto31mo

Bro. Absolutely pathetic. It's a shithole that's gonna get busted soon. Zero business and ethic sense.

GroovyBoba
GroovyBoba

We know. Everyone knows. Nobody cares till the party is on.

QuirkyWaffle
QuirkyWaffle

That is so true vaibhav

DancingDonut
DancingDonut

What do folks here think about CohesiveAI?

DerpyTaco
DerpyTaco
Zepto31mo

Another fraud biz. They still do not have a PMF. Paid users are extremely low and cohesive is not a unique proposition.

This will shut down within this year.

FluffyNugget
FluffyNugget
Swiggy31mo

Where are the so called journalists when you need them ?

GigglyNarwhal
GigglyNarwhal

Man, this is big. Any journos here with balls to publish this?

ZoomyMuffin
ZoomyMuffin
Amazon31mo

Thanks for sharing @IamRocky
Seems like you’ve seen a lot

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