Bengaluru/Mumbai, June 5 -- Founder Gaurav Munjal is expected to hold a larger stake in Airlearn, Unacademy's artificial intelligence (AI)-powered language learning app, than he currently does in the parent company, as he prepares to spin it off into a separate entity, according to two people familiar with the matter. Apart from Munjal's stake, Airlearn is largely expected to mirror the shareholding structure of its parent company.

The move marks a significant pivot for Munjal and co-founder Roman Saini, who are stepping away from Unacademy to lead Airlearn full-time.

As part of the ongoing spin-off, Munjal is in discussions with existing investors Peak XV and Nexus Venture Partners for additional capital, the people added.

"As of now,...