New Delhi, November 11, 2026 (Yes Punjab News)
Unacademy co-founder Gaurav Munjal has stepped down as the edtech company’s Chief Executive Officer, handing over the role to Akhilendra Kumar as the platform prepares for its next phase following its acquisition by upGrad.
Munjal announced the leadership change in a post on X on Wednesday, saying he would move into the role of Executive Chairman while continuing to remain closely involved in the company’s operations.
“I’m not going anywhere,” Munjal said, clarifying that the transition would not mean his withdrawal from day-to-day functioning. He added that he would work alongside Kumar and assist with the proposed upGrad initial public offering (IPO).
Expressing confidence in his successor, Munjal described Kumar as “one of the sharpest operators” he knew and said he was proud to have him lead Unacademy into its next chapter.
“The best is still ahead,” he said, ending his announcement on an optimistic note.
The leadership transition comes a little over two months after Ronnie Screwvala-led upGrad completed its acquisition of Unacademy in September 2026.
The all-stock transaction valued Unacademy at more than $200 million, representing a sharp decline from its peak valuation of approximately $3.4 billion in 2021.
Under the deal, Unacademy shareholders received shares in upGrad, while Unacademy retained its existing brands and businesses.
Munjal’s move to Executive Chairman will allow him to continue working with the company while Kumar assumes responsibility as CEO. His stated involvement in the proposed upGrad IPO also signals his continued role in the group’s next phase.
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