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Unacademy Appoints former CRED finance head Pratik Dalal as CFO for offline vertical

Inc42 · 1y ago

Unacademy Appoints former CRED finance head Pratik Dalal as CFO for offline vertical

Bengaluru-based edtech unicorn, Unacademy, has appointed Pratik Dalal as the CFO of its offline business, Unacademy Centres. Dalal, who previously served as the head of finance at fintech unicorn CRED, brings diverse experience in corporate banking, fintech, and consumer internet. This announcement follows the resignation of Unacademy's previous CFO, Subramanian Ramachandran, three months ago. Unacademy has witnessed several executive departures in the past two years. Despite this, the startup has managed to reduce its cash burn and achieve growth in its offline business. Founded in 2015, Unacademy boasts a vast network of educators and learners and has raised over $800 million in funding.

Related News

Unacademy Appoints Pratik Dalal As CFO For Offline Vertical

Startup News FYI

Startup News FYI · 1y ago

Unacademy Appoints Pratik Dalal As CFO For Offline Vertical

Unacademy has appointed Pratik Dalal as the CFO of its offline business, Unacademy Centres. Dalal previously served as the head of finance at fintech unicorn CRED and has worked with companies like Flipkart and Ola Cabs. This announcement follows the resignation of Unacademy's previous CFO, Subramanian Ramachandran. Despite a series of key executive departures, Unacademy has managed to reduce its cash burn and saw an increase in operating revenue in the past fiscal year.

Unacademy appoints Pratik Dalal CFO of its offline centres business

Economic Times

Economic Times · 1y ago

Unacademy appoints Pratik Dalal CFO of its offline centres business

Unacademy, the online learning platform, has hired Pratik Dalal as the Chief Financial Officer (CFO) of its offline centres business. Dalal, a former executive at Tata Motors, will be responsible for the financial operations and strategy of Unacademy's offline centres. This move comes as Unacademy continues to expand its presence in the offline education sector.

Unacademy seeks online, offline CFOs to fuel growth

Livemint

Livemint · 1y ago

Unacademy seeks online, offline CFOs to fuel growth

Edtech unicorn Unacademy is looking to hire two chief financial officers (CFOs) to oversee its online and offline businesses. Pratik Dalal, the current finance head of Cred, is likely to join Unacademy to head the offline business, as the company aims to have separate CFOs for each line of business. This move follows the departure of several high-level executives and a slowdown in the offline business. Unacademy has raised $877 million and was valued at $3.44 billion in 2021. However, the company is facing challenges as its online business growth moderates and its offline business reports losses.

Cognizant appoints former Wipro finance chief Jatin Dalal as CFO

Livemint

Livemint · 1y ago

Cognizant appoints former Wipro finance chief Jatin Dalal as CFO

Cognizant Technology Solutions has named Jatin Dalal, former CFO of Wipro, as its new CFO. Dalal will assume the role in December, succeeding current CFO Jan Siegmund. This move comes as part of several high-profile executive changes in the Indian tech industry. Dalal brings over two decades of experience from Wipro, where he served as president and CFO. Cognizant CEO Ravi Kumar S expressed confidence in Dalal's ability to drive revenue growth for the company.

Wipro sues former CFO Jatin Dalal

Livemint

Livemint · 1y ago

Wipro sues former CFO Jatin Dalal

IT major Wipro has taken legal action against its former CFO, Jatin Dalal, while Dalal has filed for arbitration. The exact reasons for the lawsuit are unknown, but the court will decide on January 3 whether the matter should proceed to arbitration. Dalal recently resigned from Wipro and is now serving as Cognizant's CFO. Additionally, Wipro has lodged a complaint against its former SVP and accused him of violating non-compete covenants by joining Cognizant.

Wipro appoints Aparna Iyer as new CFO as Jatin Dalal resigns

Livemint

Livemint · 1y ago

Wipro appoints Aparna Iyer as new CFO as Jatin Dalal resigns

Wipro has named Aparna C Iyer as its new Chief Financial Officer (CFO), effective immediately. Aparna, who has been with the company for over 20 years, will report to CEO Thierry Delaporte and join the Wipro Executive Board. She replaces Jatin Pravinchandra Dalal, who is stepping down after serving the company for more than two decades. Aparna, an accomplished and results-driven leader, has played various leadership roles within Wipro in the finance domain. Dalal will leave the company on November 30.

LTIMindtree appoints Vipul Chandra as CFO following Vinit Teredesa’s resignation

Thehindubusinessline

Thehindubusinessline · 1y ago

LTIMindtree appoints Vipul Chandra as CFO following Vinit Teredesa’s resignation

Mindtree's Chief Financial Officer (CFO), Vinit Teredesai, has resigned from his position to explore opportunities outside the L&T Group. His resignation will be effective from April 24, 2024. Vipul Chandra, currently the Head of Treasury of Corporate Finance at Larsen and Toubro (L&T), will take over as the new CFO from April 25, 2024. Chandra brings with him over three decades of finance experience, having previously served as the Managing Director - Head of Corporate Sales & Structuring at Citibank. Mindtree's shares on the NSE were down 0.94% at ₹5,115.50.

Jatin Dalal likely to be new Cognizant CFO

Livemint

Livemint · 1y ago

Jatin Dalal likely to be new Cognizant CFO

Jatin Dalal, the former chief financial officer (CFO) of Wipro, is expected to join Cognizant Technology Solutions Corp. as their new CFO. Dalal, an old hand at Wipro, joins Cognizant during a period of struggle for the company, which has been trying to keep pace with its peers. His move to Cognizant could be seen as a step-up, as it is a larger firm compared to Wipro. The role of a CFO has become increasingly important in technology services companies, extending beyond financial oversight to include managing operations and playing a key role in major deals.

Edtech giant Unacademy appoints Anurag Tiwari as its National Academic Director for Unacademy Centres

IndianStartupNews

IndianStartupNews · 1y ago

Edtech giant Unacademy appoints Anurag Tiwari as its National Academic Director for Unacademy Centres

Unacademy appoints Anurag Tiwari as National Academic Director for Unacademy Centers. With over 20 years of experience, Tiwari will oversee academic initiatives, curriculum development, and teacher training for the offline learning centers. This move reflects Unacademy's focus on enhancing the quality of education delivery and expanding its presence in the offline education space.

BharatPe appoints former Razorpay executive Pankaj Goel as CTO

Inshorts · 2y ago

BharatPe appoints former Razorpay executive Pankaj Goel as CTO

BharatPe has named Pankaj Goel as its new Chief Technology Officer (CTO), approximately seven months after the departure of former CTO Vijay Aggarwal. Goel, who has previously held leadership roles at companies like Sun Microsystems and Trilogy, will report to interim CEO Nalin Negi and CFO. Prior to joining BharatPe, Goel served as the Head of Payments Engineering at Razorpay.

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