Online Education Firm Unacademy hits $2 billion Valuation

unacademy 2 billion valuation

Unacademy has added two marquee investors to its list. The disruptive online education startup has raised fresh funds from Tiger Global Management and Dragoneer Investment Group. In September, Unacademy got its unicorn tag when it raised $150 million through a funding round led by SoftBank Vision Fund 2.

“The Unacademy team has innovated rapidly to build a leading platform that is taking education to the farthest corners of India,” Tiger Global partner Scott Shleifer said.

This time around, the company raised its valuation to $2 billion with the latest funding. But the company has not revealed the funding amount. The $2 billion valuation makes it the second-highest valued ed-tech startup after Byju’s.

“Our mission from Day One has been to democratise education and make it more affordable and accessible. We have consistently built the most iconic products that deliver high quality education to everyone. Today, I’m delighted to welcome Tiger Global and Dragoneer as our partners in the journey. They are both marquee global investors with a history of partnering with innovative companies that are making an impact on people’s lives,” said GauravMunjal, Co-Founder and CEO, Unacademy.

Unacademy has over 47,000 educators and more than 40 million learners across 5,000 cities in 14 languages.