In September, it had raised $150 Mn from Softbank and existing investors
In February it had last raised funds worth $110 Mn in a Series E round
The edtech startup claims to have more than 47K educators who are teaching in over 14 Indian languages across 5K cities
Bengaluru-headquartered edtech startup Unacademy has raised an undisclosed amount in an investment round from Tiger Global Management and Dragoneer Investment Group.
With its latest round of funding, the company’s valuation stands at $2 Bn, up from $1.45 Bn in September when it had last raised funds worth $150 Mn led by Japanese multinational conglomerate SoftBank and it also saw participation from existing investors Facebook Inc, Sequoia Capital, Blume Ventures and Nexus Venture Partners.
Founded in 2015 by Gaurav Munjal, Hemesh Singh, Roman Saini and Sachin Gupta, Unacademy claims to have 40 Mn registered users and around 3,50,000 paying subscribers. The startup focuses on the K12 segment and also offers lessons for…