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India’s online learning platform Unacademy raises $150 million at $1.45 billion valuation

India’s online learning platform Unacademy raises $150 million at $1.45 billion valuation

4 years ago
Anonymous $UzyKJJH9oy

https://techcrunch.com/2020/09/02/indias-online-learning-platform-unacademy-raises-150-million-at-1-45-billion-valuation/

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, General Atlantic and Sequoia Capital participated in it. The new deal pushes four-and-a-half-year old Unacademy’s to-date raise to about $350 million.