Indian Startup News on Instagram: “Gaurav Munjal has stepped down as CEO of Unacademy, the Bengaluru-based edtech major he cofounded in 2015, and will become its executive chairman. Akhilendra Kumar, who was until now the company’s chief business officer, takes over as CEO. Munjal announced the change on Wednesday, 11 November, in a post on LinkedIn, a little over ten weeks after upGrad completed its all-stock acquisition of the Unacademy group. An executive chairman heads the board but, unlike a non-executive one, keeps a hands-on operating role, and Munjal was explicit that this is what he intends. “To be clear, I’m not going anywhere. I’ll stay fully involved in operations every day, work alongside Akhilendra and help with the upGrad IPO,” he said in the post. #bengaluru #unacademy #edtech #leadership #CEO #indianstartupnews”