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Economic Times

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Image Credit: Economic Times

Unacademy founders’ shift to AirLearn, Jain’s offline role are strategic: Gaurav Munjal to employees

  • 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.

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