Unacademy Unicorn (peak $3.44 Bn valuation, 2021)
Unacademy is a Bengaluru-headquartered Indian edtech company offering live classes, recorded video lessons, test series and subscription-based ("Unacademy Plus") exam preparation for competitive exams such as UPSC, IIT-JEE, NEET and GATE, alongside skilling and upskilling verticals (Relevel, Graphy). It grew out of a YouTube channel started in 2015 and became one of India's best-known edtech unicorns before a sharp valuation…
Unacademy: Funding Rounds
| Date | Round | Amount | Investors | Source |
|---|---|---|---|---|
| 2 Aug 2021 | Series H | $440 Mn | Temasek Aroa Ventures (Ritesh Agarwal family office) General Atlantic SoftBank Vision Fund Tiger Global Management | source |
| 12 Jan 2021 | Secondary Market | $50 Mn | Tiger Global Management | source |
| 1 Sep 2020 | Series F | $150 Mn | Blume Ventures | source |
| 18 Feb 2020 | Series E | $110 Mn | Peak XV Partners (Sequoia Capital India) | source |
| 25 Jun 2019 | Series D | $50 Mn | Peak XV Partners (Sequoia Capital India) | source |
| 15 Jul 2018 | Series C | $21 Mn | Peak XV Partners (Sequoia Capital India) | source |
| 12 Sep 2017 | Series B | $11.5 Mn | Peak XV Partners (Sequoia Capital India) | source |
| 12 Jan 2017 | Series A | $4.5 Mn | Blume Ventures | source |
Acquisitions
| Date | Acquirer | Acquired | Amount | Source |
|---|---|---|---|---|
| 19 Mar 2026 | upGrad | Unacademy | 100% all-stock share swap; term sheet signed, deal not yet closed at time of announcement | source |
| 5 Sep 2022 | Unacademy | gate-academy | Undisclosed | source |
| 3 Nov 2021 | Unacademy | swiflearn | Undisclosed | source |
| 26 Jul 2021 | Unacademy | rheo-tv | Undisclosed | source |
| 16 Feb 2021 | Unacademy | tapchief | Undisclosed (majority stake; existing investors exited) | source |
| 7 Jul 2020 | Unacademy | prepladder | $50 Mn | source |
| 18 Jun 2020 | Unacademy | codechef | Undisclosed | source |
| 30 Mar 2020 | Unacademy | kreatryx | Undisclosed (cash and stock) | source |
| 27 Aug 2018 | Unacademy | wifistudy | $10 Mn (cash and stock) | source |
Recent Signals
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Who founded Unacademy?
Unacademy was founded by Gaurav Munjal, Roman Saini, Hemesh Singh in 2015.
How much funding has Unacademy raised?
Unacademy has raised $837 Mn across 8 tracked funding round(s), most recently on 2021-08-02. Figures are compiled from cited public sources.
Who are the investors in Unacademy?
Investors in Unacademy include Temasek, Aroa Ventures (Ritesh Agarwal family office), General Atlantic, SoftBank Vision Fund, Tiger Global Management, Blume Ventures.
What does Unacademy do?
Unacademy is a Bengaluru-headquartered Indian edtech company offering live classes, recorded video lessons, test series and subscription-based ("Unacademy Plus") exam preparation for competitive exams such as UPSC, IIT-JEE, NEET and GATE, alongside skilling and upskilling verticals (Relevel, Graphy). It grew out of a YouTube channel…
Where is Unacademy headquartered?
Unacademy is headquartered in Bengaluru, Karnataka, India.
What is Unacademy's business model?
Unacademy's core value proposition centers on Access to top educators at scale, Democratizing access to quality education.
How does Unacademy make money?
Unacademy's cited revenue streams include Relevel assessment/placement fees, Total company revenue.