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.