Unacademy rejected a $500 million debt proposal along with various merger and acquisition opportunities within the past two years.

 Paraphrase this turned down a tempting $500 Mn debt offer and a host of M&A opportunities – as per its cofounder & CEO Gaurav Munjal, who took to X to share his learnings over the last 2 years.

 Munjal said that the startup faced a lot of flak for these decisions, but after 2 years, it looks like those choices were correct.

Munjal delved into the nuances of business leadership, emphasising the delicate transition from growth to profitability. Highlighting the difficulties in this transition, the CEO said that growth stage leaders thrive on not being constrained, hence they may not always survive this transition.