Unacademy raises fresh funds from new investors

BusinessUnacademy raises fresh funds from new investors

Date:

Unacademy raises fresh funds from new investors

Education company Unacademy has announced to have raised new funds from investors Tiger Global Management and Dragoneer Investment Group at a valuation of $2 billion.

The ed-tech company has raised between $75 million-$100 million, said the company’s sources.

The move after it gained $150-million from SoftBank in a funding round, thus making the EdTech firm known as a unicorn having a valuation of $1.45 billion.

Just when the year 2020 started, the company that has its base in Bengaluru raised $110 million from Facebook, General Atlantic and other investors.

Now the company’s total funds raised from investors stands at more than $400 million.

Unacademy reportedly has organized over 150,000 live classes on the platform every month.

By Sahana Iyer

Share post:

Subscribe

Popular

More like this
Related

Karan Veer Mehra Wins Bigg Boss 18, Beats Vivian Dsena and Rajat Dalal in the Finale

Entertainment Desk: Karan Veer Mehra became the winner of...

Lifetime Free Credit Cards in India (2025): A Comprehensive Overview

Lifetime free credit cards in India offer cost-effective benefits...