Sumit Jain, who had been elevated as cofounder and CEO of Unacademy's test-prep business last year, has stepped down from his role ahead of the company's planned merger with Ronnie Screwvala's upGrad Education.
Jain, who had joined Unacademy in 2020 after the SoftBank-backed edtech bought Graphy, will continue as an advisor, the company's co-founder and CEO Gaurav Munjal told employees in an internal note. ET has reviewed the note. Jain’s last day will be June 30.