Unacademy's lessons on frugality: Pay cut for founders, no biz class travel

Founders have already taken salary cuts and this would be applied to the management as well

Frugality hasn’t been its core value, focused as it has been on growth. But now Unacademy is starting a new chapter with an eye on profitability and the aim to go public in two years. So the founders have taken a salary cut; complimentary meals and snacks across offices have been done away with; and “certain businesses” are being shut down.

“…the goal has changed,” said Unacademy's Co-founder and Chief Executive Officer Gaurav Munjal in an internal note to the employees. “We have to do an IPO (initial public offering) in the next two years. And we have (to) turn