Tanmay Bhat apologises, Khamba launches new venture after quitting AIB

A day after comedy group AIB announced that Tanmay Bhat will step down from the post of CEO, the comedian apologised for failing to live up to the "ideals" he propagated while promising to be a better leader in future.

While Bhat was under attack for his inaction in the complaints against writer-comedian Utsav Chakraborty, Khamba has been directly accused of sexual misconduct.

He has left the company to launch his own venture.

On Thursday, in a long Instagram caption to the AIB statement, Bhat said he felt "deeply sorry" for the distress he caused to his friends.

"The hardest part about everything that has happened in the last eight months is to come to terms with my own failings as a leader and as an individual.

"... I am deeply sorry to my colleagues who've had to go through immense stress that I feel responsible for. I realise that in the past, I've failed to live up to ideals that I've propagated myself, and my resolve is to ensure that this never happens again."