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
However with a failure to raise capital and grow revenue, Investors have asked roman to exit.
Unacademy is truly going deep shit.
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...
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...
Unacademy CFO & IAS cofounder has stepped down after a massive pressure from the board.
Unacademy's COO has stepped down from his position today and will serve a notice period for the next 3 months.
Adding to this, Top Educators and directors have resigned too. These are from test prep categories.
This seems like a mass...
Unacademy CFO Subbu has resigned. Shit doesn't seems to stopping any soon for Unacademy.
How many more folks from senior leadership will have to resign before investors throw Mr Munjal out of the company?
