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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.<ref>{{Cite web |last=Shah |first=Sneha |date=2023-03-31 |title=After hiving off CodeChef, Unacademy cuts 12% staff |url=https://www.livemint.com/companies/news/after-hiving-off-codechef-unacademy-cuts-12-staff-11680202273920.html |access-date=2023-04-18 |website=mint |language=en}}</ref>
In addition to monthly coding contests, CodeChef has initiatives for schools, colleges and women in competitive programming.<ref>{{Cite news|last=Saraswathy|first=M.|date=2013-07-30|title=Directi launches CodeChef for Indian school kids|work=Business Standard India|url=https://www.business-standard.com/article/companies/directi-launches-codechef-for-indian-school-kids-113073000323_1.html|access-date=2021-05-26}}</ref> It has hosted the India regionals of the ICPC for college students, as well as for the International Olympiad in Informatics (IOI), for school students in India.
Most parts of CodeChef are available without charge, but the more advanced features require a monthly subscription.<ref>{{cite magazine|magazine=PC magazine| title=CodeAcademy review|date=August 5, 2021
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