Unacademy co-founder Gaurav Munjal is stepping down as chief executive officer, handing over the leadership role to Akhilendra Kumar as the edtech company enters its next phase.
Munjal announced the leadership transition in a post on X, saying he would move from CEO to Executive Chairman, while Kumar would take over as the company's new chief executive.
However, Munjal made it clear that the move does not signal his exit from the company's day-to-day functioning. He said he would remain actively involved in operations, work closely with Kumar and also help with the proposed upGrad IPO.
In his post, Munjal described Kumar as one of the sharpest operators he knows and expressed confidence in his ability to lead Unacademy through its next chapter.
"I'm not going anywhere," Munjal said, underlining that he would continue to work alongside the incoming CEO.
Ending his announcement on an optimistic note, Munjal said, "The best is still ahead."
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