Unacademy Secures $50 Mn In Mega Funding Round From Steadview, Sequoia And Others

Unacademy Secures $50 Mn In Mega Funding Round From Steadview, Sequoia And Others

SUMMARY

Nexus Venture Partners and Blume Ventures also participated in the round

Unacademy Founders, Gaurav Munjal and Roman Saini also participated in the round

This is Unacademy’s Series D funding round

Edtech startup Unacademy has secured a mammoth $50 Mn from Steadview Capital, Sequoia India, Nexus Venture Partners and Blume Ventures. In the round, the company’s founders Gaurav Munjal and Roman Saini also participated in a personal capacity along with Aakrit Vaish (cofounder and CEO, Haptik) and Sujeet Kumar (cofounder and CEO, Udaan).

The Bengaluru-based startup was launched by Munjal, Saini, Hemesh Singh, and Sachin Gupta in 2011. The company was initially started as a YouTube channel offering free tutorials. Later in January 2015, the company started offering free learning in lessons on every possible topic in multiple languages.!function(e,t,s,i){var n="InfogramEmbeds",o=e.getElementsByTagName("script")[0],d=/^http:/.test(e.location)?"http:":"https:";if(/^\/{2}/.test(i)&&(i=d+i),window[n]&&window[n].initialized)window[n].process&&window[n].process();else if(!e.getElementById(s)){var r=e.createElement("script");r.async=1,r.id=s,r.src=i,o.parentNode.insertBefore(r,o)}}(document,0,"infogram-async","https://e.infogram.com/js/dist/embed-loader-min.js");

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