Sumit Jain, co-founder and CEO of Unacademy's test-prep business, has resigned from his full-time role at the SoftBank-backed edtech firm, with June 30 set as his last day in an operating capacity. He will continue in an advisory role after his departure.
Unacademy co-founder Gaurav Munjal confirmed the development on X, crediting Jain with building two key verticals for the company - Graphy and its offline business. "I have been fortunate to know him since 2013," Munjal wrote on X.
Sumit is moving on for Unacademy.
— Gaurav Munjal (@gauravmunjal) May 19, 2026
Sumit joined us as Co-Founder in 2020 and since then helped us build Graphy and make Offline Profitable.
I have been fortunate to know him since 2013 when CommonFloor acquired Flatchat.
Thank you for everything, Sumit. pic.twitter.com/8EeC2IsN4e
Jain joined Unacademy in 2020 after the company acquired his startup OpenTalk. He was later elevated to CEO of the test-prep division.
The exit comes as Unacademy and upGrad Education have filed for merger approval with the Competition Commission of India. The potential consolidation of two of India's largest edtech platforms has drawn significant attention from the sector.
In his own post on X, Jain called his six-year association with the company a ride he "would never trade for anything else," adding that he was proud to have been part of a company that set benchmarks in the space.
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