In 2022, Unacademy implemented strategic initiatives to extend enhanced voting privileges to Munjal and Singh via bonus shares, with the objective of fortifying their authority and impact on the company’s trajectory. Per Unacademy’s disclosures to the Registrar of Companies, these privileges will be activated upon the establishment of a committee by March 2025 to oversee its forthcoming initial public offering (IPO). Despite Singh’s transition to an advisory capacity, the company’s aspirations remain unaltered, with his ongoing involvement anticipated in shaping its strategic direction.
Hemesh Singh, co-founder and CTO of Unacademy, transitions to an advisory role after a decade of driving the company’s transformation. His departure evokes appreciation from co-founder Gaurav Munjal. Singh, who played a pivotal role in shaping Unacademy, has an extensive background in technology. Unacademy adapts to high-level departures by onboarding new talent while preparing for an IPO. Despite Singh’s shift, the company continues to pursue its goals with anticipation of his continued guidance.