Unacademy

Unacademy

Unacademy is an education technology company offering an online learning platform and mobile learning application.

Unacademy's estimated revenue for FY19 was USD $1.7 million.

Timeline

September 2, 2020

Edtech firm Unacademy on Wednesday said it has raised an investment of $150 million (approximately Rs 1,098 crore) in a round led by Japanese conglomerate SoftBank, increasing the Bengaluru-based firm's valuation to $1.45 billion.

July 7, 2020

Unacademy acquires PrepLadder for $50 million.

June 26, 2019

$50 millio Series D financing.

Unacademy has raised $50 million Series D financing round was led by Steadview Capital, Sequoia India, Nexus Venture Partners and Blume Ventures, with Unacademy’s own co-founders Gaurav Munjal and Roman Saini also participating in it. The new round has raised close to $90 million to date.

October 26, 2018

Unacademy acquires WiFiStudy.

Funding rounds

Funding round
Funding type
Funding round amount (USD)
Funding round date
Investment
Unacademy funding round, June 2019
50,000,000
June 26, 2019
7 Results
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People

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LinkedIn

Further reading

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Documentaries, videos and podcasts

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Companies

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News

Title
Author
Date
Publisher
Description
Crunchbase News
November 25, 2020
Crunchbase News
Crunchbase News' top picks of the news to stay current in the VC and startup world.
Nandita Mathur
November 25, 2020
DealStreetAsia
Firm had raised $150m led by SoftBank Vision Fund 2 in September.
Peerzada Abrar
November 25, 2020
@bsindia
The latest fundraise follows funding round in September when the company raised an investment of $150 million in a round led by SoftBank Vision Fund 2 at a $1.45 billion valuation
Manish Singh
November 25, 2020
TechCrunch
Unacademy, an online learning platform in India, has added two more marquee investors to its cap table. The Bangalore-based startup, which focuses on K-12 online education, said on Wednesday it has raised new funds from Tiger Global Management and Dragoneer Investment Group. The funding round, the size of which was not disclosed, valued the four-and-a-half-year-old [...]
Shihui Tan
November 19, 2020
TechNode
TechNode Global presented the ORIGIN Innovation Awards to outstanding startups, corporates, ecosystem enablers, and movers and shakers in Asia who are poised for growth. TechNode Global presented the ORIGIN Innovation Awards to outstanding startups, corporates, ecosystem enablers, and movers and shakers in Asia who are poised for growth.
Shihui Tan
November 3, 2020
TechNode
The ORIGIN Innovation Awards finalists list is up! Results will be announced on Nov. 18, 2020 during the ORIGIN Conference, so stay tuned.
Samreen Ahmad & Bibhu Ranjan Mishra
September 2, 2020
@bsindia
In an interview with Samreen Ahmad and Bibhu Ranjan Mishra, Gaurav Munjal of Unacademy says the Covid-19 pandemic may have shortened the time the company has taken to achieve $1.45 billion valuation
IANS
September 2, 2020
@bsindia
Existing investors General Atlantic, Sequoia Capital, Nexus Venture Partners, Facebook, and Blume Ventures also participated in the round
Peerzada Abrar & Samreen Ahmad
September 2, 2020
@bsindia
Valuation jumps 3-fold in last six months to $1.45 billion; becomes the second unicorn in edtech space after Byjus
Saritha Rai | Bloomberg
September 2, 2020
@bsindia
Unacademy now has 30 million registered users and 350,000 paying subscribers, almost four times as many as in February. The platform has more than 18,000 registered educators.
Manish Singh
September 2, 2020
TechCrunch
India has a new unicorn startup. On Wednesday, Bangalore-based online learning startup announced it has raised $150 million in a new financing round that valued the Facebook-backed firm at $1.45 billion (post-money). SoftBank Group -- through its Vision Fund 2 -- led Unacademy's Series F financing round while existing investors Facebook, Blume Ventures, Nexus Partners, [...]
Press Trust of India
August 29, 2020
@bsindia
The 13th IPL is scheduled to be held in UAE from September 19 to November 10
Press Trust of India
August 12, 2020
@bsindia
A BCCI official confirmed that Unacademy has picked up the bid papers but refrained from making any comments beyond that
Press Trust of India
July 14, 2020
@bsindia
With this investment, Mastree will join the Unacademy Group, which consists of Wifistudy, Kreatryx, PrepLadder and CodeChef
Peerzada Abrar
July 8, 2020
@bsindia
Only 443 companies were funded in the January-June period this year against 725 in H1, 2019
Samreen Ahmad
July 7, 2020
@bsindia
This is the Bengaluru-based companys third acquisition this year after programming platform Codechef and exam preparation start-up Kreatryx
Samreen Ahmad
May 7, 2020
@bsindia
Unacademy says its internal investigation had found e-mail data of around 11 million users was compromised.
March 18, 2020
The Economic Times
Data modelling suggests that a lockdown now vs 30 days later might help save 5 times more lives, startups said.
Neha Alawadhi & Samreen Ahmad
March 12, 2020
@bsindia
Beginning Thursday, online learning giant Coursera said it is going to provide every impacted university in the world free access to its course catalogue through Coursera for Campus until July 31
Samreen Ahmad
February 19, 2020
@bsindia
Edtech firm raises $110 mn in round led by General Atlantic, with participation from Flipkart CEO Kalyan Krishnamurthy, udaan co-founder Sujeet Kumar among others
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References

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