EdTech
Unacademy’s Gaurav Munjal Issues Clarification On Changing ESOP Exercise Window
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SUMMARY
Gaurav Munjal said Unacademy is under M&A discussions at a similar valuation for an all-stock deal where there will be no cash involved
Munjal apologised for the early ESOP exercise window and said even his shareholding is half in ESOPs
Earlier reports said that Ronnie Screwvala’s upGrad was in advanced talks to acquire Unacademy for about $300 Mn
Unacademy
Group CEO and cofounder Gaurav Munjal has issued a clarification on the controversy surrounding the edtech startup’s decision to reduce the ESOP exercise…
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