Manish Maheshwari steps down from Invact Metaversity

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Editor's note: BREAKING: Manish Maheshwari has officially stepped down as the chief executive officer of Invact Metaversity. The board met earlier this evening and finally, resolved the matter. Tanay Pratap, co-founder and chief technology officer will now be taking over as the CEO. The company has officially confirmed the information on its Twitter handle. *** Akanksha here. The conflict at Invact Metaversity refuses to die down and a resolution is now at the mercy of its co-founder and current CEO, Manish Maheshwari, who has chosen to go completely quiet. In an email addressed to all the (fellow) angel investors of Invact Metaversity, the startup’s investor Gergely Orosz said as much on Thursday. This letter says that the former Twitter India head is holding the company hostage, refusing to step down from his role as CEO despite multiple requests to do so and freezing all negotiations on the matter. The Morning Context has viewed a copy of the email. For those of you who are new to this fiasco, Invact Metaversity is an edtech company founded by Maheshwari and former Microsoft engineer Tanay …