Unacademy cancels cash appraisals, offering stock options instead

  • Unacademy’s cofounder and CEO Gaurav Munjal announced the cancellation of appraisals for the financial year ended March 2023.
  • The edtech startup is focusing on becoming profitable amidst a decline in funding and demand for online education.
  • Employees will be rewarded with stock options instead of cash appraisals.


Sign Up for NextBigWhat Newsletter

Curated. Summarized. Important News. For free.

You May Also Like