Edtech firm Unacademy has launched a Rs 50 crore worker inventory possession plan (ESOP) buyback programme to supply liquidity to employees.

Asserting the event on X, co-founder and Group CEO Gaurav Munjal stated the corporate’s board had permitted carving out a money pool for workers though the valuation is “considerably decrease than our final fundraise”.

“Grateful to the board for carving out a money pool for the workers, though the valuation is considerably decrease than our final fundraise,” Munjal wrote.

Unacademy has initiated the method of doing an ESOPs Buyback of fifty crores.

Grateful to the Board for carving out a Money Pool for the Workers though the Valuation is considerably lower than our final Fundraise.

8 individuals are making greater than 1 crore on this Buyback. 17…

— Gaurav Munjal (@gauravmunjal) February 27, 2026

In line with him, eight staff will earn over Rs 1 crore every by means of the buyback. Seventeen staff will obtain greater than Rs 50 lakh, and 38 staff to make over Rs 10 lakh from the train.

Notably, the corporate will attain out to eligible staff within the coming weeks.

The announcement comes months after Unacademy confronted criticism for decreasing the ESOP train window. In response to the backlash, Munjal had clarified the corporate’s place on train phrases and valuation. Unacademy subsequently launched a one-time 30-day window for former staff to train their vested inventory choices.

On the time, the corporate cautioned staff that its present valuation is decrease than earlier funding rounds and that desire shareholders would have precedence over fairness holders in any distribution of proceeds.

The buyback additionally coincides with a broader strategic reset at Unacademy. The edtech sector, which noticed speedy enlargement throughout the pandemic-led surge in on-line studying, has since confronted slowing progress, funding constraints and stress on profitability.

As a part of its restructuring, Unacademy just lately introduced plans to maneuver away from company-operated offline studying centres and undertake a franchise-based mannequin. The shift is aimed toward decreasing fastened prices and bettering unit economics.

The corporate has additionally explored consolidation alternatives. In December final 12 months, Munjal confirmed that Unacademy was in discussions concerning a possible acquisition. It later emerged that the talks were with upGrad. Nevertheless, the proposed transaction didn’t materialise, with the two sides failing to reach agreement on valuation phrases.