As edtech firms venture into offline classes, hiring war for star teachers is intensifying
Synopsis
(Unacademy did not respond to ET’s emailed queries on compensation.) It’s a figure that is emblematic of the peak the scramble for “star teachers” has reached. This is driven by venture capital-funded edtech unicorns expanding into the lucrative, offline competitive exam or test-prep market as, post-pandemic, students return to physical classrooms and coaching hubs like Kota.
Rs 10 crore per annum: it’s the one figure that people can’t stop talking about in the test-prep circles. This is the compensation package that edtech unicorn Unacademy allegedly offered star physics teacher Ashish Arora to come on board, as senior vice-president and national head-academics, from Allen Career Institute in Jaipur where he had spent close to a decade building the branch, according to multiple industry sources.
(Unacademy did not
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