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Unacademy Co-Founders Step Down to Lead AirLearn Spin-Off

Sumit Jain assumes the CEO role at Unacademy as the company pivots to offline coaching after the co-founders’ departure.

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Overview

  • Gaurav Munjal and Roman Saini are relinquishing day-to-day responsibilities at Unacademy to establish AirLearn as a standalone language-learning venture.
  • Sumit Jain, former Graphy founder and Unacademy board member, has been appointed the new CEO of Unacademy.
  • AirLearn reports rapid growth with 70,000 daily active users and $2 million in annual recurring revenue.
  • Unacademy has redirected its core operations toward capital-intensive offline coaching and cut its cash burn from ₹1,000 crore three years ago to ₹400 crore in 2024.
  • Merger talks with PhysicsWallah and Allen Career Institute collapsed, steering the company toward internal restructuring and spin-off strategies.