Results for: Unacademy

Unacademy CEO Gaurav Munjal faced backlash on social media after announcing a ‘zero appraisal’ policy while wearing a luxury t-shirt. This decision came weeks after the ed-tech company laid off 250 employees, prompting criticism for the perceived disconnect between his words and actions. Social media users expressed anger at the lack of appreciation for employees, highlighting the timing of the announcement and Munjal’s choice of attire.

Gaurav Munjal, Co-founder and CEO of Unacademy, criticized Byju Raveendran, founder of Byju’s, for failing to listen to advice and isolating himself. He attributed Byju’s struggles to this leadership style, emphasizing the importance of seeking feedback and understanding unit economics. Meanwhile, Prosus, a global investment firm, wrote off its investment in Byju’s, recording a significant loss.