Our K-12 business was driven purely by FOMO: Gaurav Munjal

The Unacademy co-founder talks about shutting the K-12 tuition unit, changing market dynamics, the company’s evolution and business plans.

4 April, 202230 min
0
Our K-12 business was driven purely by FOMO: Gaurav Munjal

Why read this story?

Editor's note: Gaurav Munjal and I reach Maruthi Infotech Centre almost simultaneously. The commercial building in Domlur, Bengaluru, houses the offices of Unacademy, India’s second-largest edtech startup, with a valuation of around $3.5 billion. I am just about to enter the building when I receive a call, turn around to take it and see Munjal getting out of his black SUV.  A man rushes past me to take his bag and then runs back to call the elevator. We head to the fifth floor through good morning greetings, an empty corridor in an almost empty office to the meeting room. Munjal is wearing his trademark black T-shirt and a black windcheater—its sleeves pushed up like he means business—over a pair of blue jeans and white sneakers. There’s also a 5 o’clock shadow, making him look older than his 31 years. As we settle down—he is on a yellow sofa next to Hedwig, and I am on the chair opposite him—the first thing he asks is why I said yes to this interview. “Why would anyone say no to it?” I ask back. …

You may also like

Internet
Story image

Ronnie Screwvala is stretching upGrad to mean more

As the company weighs a move into test prep ahead of a 2027 IPO, the question is whether entering a category from which upGrad has consciously stayed away so far makes sense.

Business
Story image

Varkey Group’s GEMS bets on Saudi Arabia to revive global ambitions

The UAE-based school operator is making a move into Saudi Arabia as it enters its biggest expansion phase yet.

Internet
Story image

Seekho and the parable of how entertainment consumed edtech

The investment signals a shift from structured learning to bite-sized, bingeable learning that mixes entertainment with education. But can it deliver real-world skills?