The founders of Ouleemy say that as of now they are worth more than $ 500m, confirming M & Speech

Wrong, once the most popular in India.

By writing in detail ted on x Wednesday marking the 10th anniversary, CEO Gurav Munjal said that the reatur has begun $3.5 billion peak Three years ago to $ 500 million today. He also confirmed that the basics are in M ​​& speech.

The Indian state of India has been depressed since the outbreak, while the sector has seen a long period of time in the neck. Startups like Ice Cat and Byju have raised billions, and have invested heavily in sales and marketing to attract customers, but growth after the shutdown is almost certain.

The beginning of India, the beginning of India three years ago, you have seen Need to be written to make it happenand it went in Nonsensical events In September last year. In November, the court ordered US Banky to give ajuver a paying more than $ 1.07 billion Ignoring the official instructions, I am giving “incomplete, insufficient steps” regarding the transfer of $ 533 million and the initial part that has not been cured.

At this point, zallah changes, it seems like a lot turned profitable and continue to expand, and the month has passed they had a lot of parking.

In his letter, Unaal Mytal’s manager looked at the past three years in terms of demand, increased competition, and internal turmoil since the start was lost and abandoned plans for expansion.

“Personally, for us founders, this was the hardest three years we’ve ever seen in our lives because until 2021, we haven’t seen a single month of degrowth (sic),” he wrote. “But in the last three years, we saw that the market just lost jobs in the games we made and it hurt.”

Munjal believes that the slump was driven by strong market movements after the pandemic. When the students went to the afternoon wasted and the competitors introduced lower prices on the original Unamademy method, the company saw the need to lower and grow.

“We talked,” We wrote, adding that the company has failed to weaken the price like the fighters.

In recent months, Munyal has focused on Airlearn, his first learning app that follows the Duolingo model. The move has resulted in unheard of savings, which felt the Edtech business was right at a critical time, people familiar with the matter told Techcrnch.

Founded in 2015, Unidademy has raised approximately $854.3 million over 13 rounds, according to Good Converban, the Atlantic, and Peak XV Close Friends of the Bay Area.

Munjal said that Unnamemy has been in the last two years, the events of the last two years led to its annual operations (about $ 155.7 million) in 20 1.75 billion (about $ 19.5 million) this year. The beginning is great reduced to boloffsadvertising costs, and damage to the subscription business.

Recent reports have suggested that the upgrade is well-deserved Between $300 and $400 million.