Unacademy CEO Clarifies ESOP Exercise And Valuation

Unacademy founder Gaurav Munjal clarified recent concerns regarding ESOP exercises and internal valuation metrics. The article discusses employee compensation structures, transparency in valuation disclosures, and governance expectations in large startups. It highlights how ESOP policies affect employee trust, retention, and investor perception, particularly during periods of valuation correction and strategic consolidation in the edtech sector.