Upgrad MD Mayank Kumar steps down as firm eyes $50-60 million raise

Edtech unicorn Upgrad will see its cofounder and managing director Mayank Kumar depart, while founder and chairman Ronnie Screwvala will take on a more active role at the firm, as per sources. Kumar has significantly reduced his operating role at the Mumbai-based firm starting this month, wooing investors for his new startup.
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