By Start Ups
“After almost a decade of building Unacademy with @gauravmunjal and @romansaini , I have decided to move from an Executive Role to an Advisory Role,” Singh said in the post. (Photo credit: Image taken from Hemesh Singh’s X account, Handle: @hemezh)
Hemesh Singh, co-founder of edtech firm Unacademy, has stepped down as the chief technology officer and will move into an advisory role, according to his post on social media platform X (formerly Twitter).
“After almost a decade of building Unacademy with @gauravmunjal and @romansaini , I have decided to move from an Executive Role to an Advisory Role,” Singh said in the post.
After almost a decade of building Unacademy with @gauravmunjal and @romansaini, I have decided to move from an Executive Role to an Advisory Role.It has been a wonderful ride and I am extremely grateful to have been a part of this journey. We did change the Test Prep Industry… pic.twitter.com/tuj1weqBsu
— Hemesh Singh (@hemezh) June 8, 2024
“It has been a wonderful ride and I am extremely grateful to have been a part of this journey. We did change the Test Prep Industry for good. What a crazy journey it has been. Thanks a lot @gauravmunjal for everything,” he added.
“Hemesh (Singh) and I started working together 11 years ago when we were building Flatchat. It had been a Crazy Ride and I have been grateful to have a Co-Founder like you. Unacademy will miss you,” said Munjal on X.
Munjal has a 3.4 per cent holding in the company, according to data platform Tracxn. Singh has a 2.2 per cent and Saini has a 3.4 per cent holding in the firm.
The firm last closed a $440 million funding round in August 2021 from investors such as Singapore’s Temasek, valuing it at $3.44 billion. Other participants were General Atlantic, Tiger Global, and SoftBank Vision Fund.
First Published: Jun 08 2024 | 5:38 PM IST