HomeStartupsHow Unacademy board tweaked targets for founders’ voting rights

How Unacademy board tweaked targets for founders’ voting rights

Published on

spot_img

Edtech unicorn Unacademy has changed the target for its cofounders Gaurav Munjal and Hemesh Singh to access additional voting rights through bonus shares issued to them in 2022. Industry sources said this move throws light on Unacademy’s changing ambitions as well as the broader sluggishness in the startup funding ecosystem.

Latest articles

Zepto is hyperlocal Walmart of India, will focus on top 40 cities: CEO Aadit Palicha

Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the...

Inside the rise and fall of Indian Twitter rival Koo

Koo, the Indian social media platform aiming to rival Twitter, has closed down due...

Hemant Lamba resigns as Infosys Executive VP

In his resignation letter marked to Infosys CEO Salil Parekh, Lamba wrote: "I am...

Glean Technologies sets up India office, to invest up to $50 million

US-based Glean Technologies, which offers AI assistant platforms for businesses, has chosen to set...

More like this

Zepto is hyperlocal Walmart of India, will focus on top 40 cities: CEO Aadit Palicha

Zepto, a quick commerce platform in India, raised $665 million in funding, valuing the...

Inside the rise and fall of Indian Twitter rival Koo

Koo, the Indian social media platform aiming to rival Twitter, has closed down due...

Hemant Lamba resigns as Infosys Executive VP

In his resignation letter marked to Infosys CEO Salil Parekh, Lamba wrote: "I am...