Unacademy cofounders Gaurav Munjal and Roman Saini are dedicating substantial time and resources to AirLearn, a new language learning platform, while Sumit Jain is focusing on strengthening the company's offline business.
Munjal mentioned that their increased involvement in AirLearn and Jain's concentration on the offline business are strategic moves aligned with Unacademy's long-term goals.
Discussions about Munjal's potential exit from Unacademy due to his lack of interest in running an offline coaching business have been ongoing for more than a year. The terms of the founders' departure, including a cash payout and retaining equity, are currently being negotiated.
Unacademy is reassuring its staff that despite the founders' changes in roles, the company is performing well with reduced burn rate and a healthy balance sheet, as per Munjal's email to employees.