Ramachandran has been with the company since 2019. Prior to that, he was CFO at Medi Assist Healthcare Services.
The company did not immediately respond to ET’s request for comment.
This is the second exit among chief executive Gaurav Munjal‘s team of direct reportees since August, when the startup’s chief operating officer Vivek Sinha took to LinkedIn and X (formerly Twitter) to announce his resignation.
The Unacademy CFO’s departure was first reported by online news website The Morning Context on Tuesday evening.
In an earlier post in August on LinkedIn, Sinha had said that the Bengaluru-based startup will be operating about 100 offline coaching centres by December, serving about 50,000 learners and employing about 3,000 full-time employees and educators.
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In the same month, the edtech unicorn elevated Sumit Jain, who leads the company’s Graphy division, to partner, which is “like a cofounder who joined at a later stage”, Munjal had said.Jain joined the company in April 2020 and cofounded the Graphy division that allows educators and creators to launch their own online courses. Unacademy was founded in 2015 by Munjal, Roman Saini and Hemesh Singh.
The startup, like its peers in the test prep and K-12 segment, is currently undergoing a shift in strategy after multiple rounds of layoffs to prioritise the unit economics that put it on a path to profitability.
In June, Munjal had said that the company had reduced its monthly cash burn to Rs 1.9 crore, and clocked revenues worth Rs 130 crore in May.
