Unacademy, India’s leading learning platform, has raised an investment of USD 150 million led by SoftBank Vision Fund 2. Existing investors General Atlantic, Sequoia Capital, Nexus Venture Partners, Facebook and Blume Ventures also participated in the fund raise. The latest funding round values Unacademy at USD 1.45 billion.
Avendus Capital acted as advisor to Unacademy on managing the transaction process for the round.
Unacademy
Unacademy is the largest learning platform in India with a vast network of 18,000+ educators and over 350,000+ subscribers. The company caters to the learning needs for 35+ competitive exams, besides important life goals such as Chess. Unacademy plans to utilise the funds to launch new products and build a world class team and organisation.
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