After A Decade-Long Stint, Gaurav Munjal To Step Down As Unacademy CEO
Barely two months after rival upGrad acquired Unacademy, cofounder Gaurav Munjal is now stepping down as the chief executive officer (CEO) of the test prep platform.
In a post on LinkedIn, Munjal said that he will now transition to the role of executive chairman at the startup. Unacademy cofounder also added that he will be “fully involved” in the day-to-day operations of the recently-acquired startup and will “help” with upGrad’s initial public offering (IPO).
Meanwhile, Unacademy chief business officer (CBO) Akhilendra Kumar will take over as the chief executive of the recently-acquired edtech platform.
“I’m moving from CEO to executive chairman of Unacademy, and Akhilendra Kumar will take over as CEO. To be clear, I’m not going anywhere. I’ll stay fully involved in operations every day, work alongside Akhilendra and help with the upGrad IPO. Akhilendra is one of the sharpest operators I know, and I’m proud to have him lead us into this next chapter…,” Munjal said in the post.
The reshuffle comes just two months after upGrad completed its acquisition of Unacademy for just over $200 Mn in September.
(This story will be updated soon)
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