During a virtual town hall, Unacademy CEO Gaurav Munjal announced that employees would not receive appraisals this year. While delivering the news, he wore a $400 Burberry T-shirt, sparking social media backlash.

Unacademy's CEO Gaurav Munjal advises fresh graduates against starting a company for quick money. Highlighting patience, he notes it takes 15-20 years to build an iconic business in India.