After failing to reach profitability, Unacademy announced it would retain a 30% stake in CodeChef while returning the remaining equity to the company's founding team to support further growth.

[3] CodeChef competes with similar Ed-Tech companies such as LeetCode, HackerRank, SPOJ, PrepInsta Prime, Topcoder, and GeeksforGeeks.

In 2010, Directi launched Code-Chef to help programmers improve their problem-solving skills through active participation in programming contests.

[4] In July of that year, the organization introduced the "Go for Gold" initiative, enabling Indian teams to excel at the world finals of the International Collegiate Programming Contest (formerly known as ACM-ICPC).

The competition requires contestants to show necessary IT skills such as problem analysis, algorithm and data structure design, programming, and testing.