Unacademy CEO denies rumours of merger, acquisition

Unacademy CEO Gaurav Munjal dismissed rumors of a possible merger or acquisition, stating the company is experiencing its best year in terms of growth and profitability. Following layoffs of about 250 employees, Munjal affirmed Unacademy’s long-term vision and strong financial position. He also criticized Byju’s founder for failing to listen to feedback, urging leaders to heed blunt advice.