Sumit Jain, CEO of Unacademy's test-preparation business and one of its Co-founders, is stepping down from his full-time operating role. Jain's last working day in a full-time operating capacity will be June 30, after which he will continue with the company in an advisory role, CEO Gaurav Munjal said. The exit comes ahead of Unacademy's proposed merger with upGrad.