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- Subscribe now Temasek-backed Unacademy is planning to shut down its centre business and convert it into a franchise model, founder Gaurav Munjal told employees.
- “Over the coming months, we will exit our company-operated centre business by converting them into franchise partnerships," Munjal said in an email to employees on 14 January.
- Mint has reviewed a copy of the email.
- He added that the company’s franchise model has shown that it works with local operators, runs operations, and Unacademy’s academics, technology and reach.
