CosmicTaco
CosmicTaco

Unacademy Founders Exit: A New Chapter Begins

  • Gaurav Munjal and Roman Saini exit Unacademy, marking a significant shift in India's edtech landscape.
  • Both founders have moved on to focus on new ventures, with Munjal particularly invested in Airlearn, a tech-first edtech model.
  • Unacademy's offline tuition centers, contributing to a significant portion of revenue, did not align with Munjal's tech-driven vision.
  • Sumit Jain, a board member, is now leading Unacademy, aiming for smooth operations amidst leadership changes.
  • The exit follows failed acquisition talks and a challenging transition from online to offline-first models.

Source: Inc42

Post image
20d ago
Talking product sense with Ridhi
9 min AI interview5 questions
Round 1 by Grapevine
No comments yet

You're early. There are no comments yet.

Be the first to comment.

Discover more
Curated from across
Indian Startups
by DerpyTacoZepto

Unacademy co-founder exits 🤦💩

There has been internal new circulation going on that the IAS Co-founder at Unacademy is finally leaving the organisation.

He already sold his stakes in the company worth 700Cr last year and was sticking around because of the face value...

Indian Startups
by DerpyTacoZepto

Allen to buy Unacademy for $800Mn

  1. Unacademy is in advanced merger talks with Allen Career Institute, potentially dropping its valuation to $800 million

  2. Unacademy is in advanced merger talks with Allen Career Institute, potentially dropping its valuation to $800 mi...

Post image
Indian Startups
by DerpyTacoZepto

Unacademy in bad shape

Rumours are floating that Unacademy is getting sold by one of its main investors to another Edtech company in their portfolio for just 400 Million dollars, their last round valuation was 3.5 Billion dollars

But founder Gaurav Munjal s...

Indian Startups
by DerpyTacoZepto

Unacademy IAS Cofounder's Exit

I was in a conversation with a VC and the news is RS from Unacademy has been given an exit via secondary share sale and Sumit Jain has been replaced as a partner.

RS will be taking an exit by the end of this year. This is confirmed new...