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Unacademy Turns Into Unicorn After Softbank-led Funding Round | Business Standard News

by business-standard.com posted 3weeks ago 22 views
Valuation jumps 3-fold in last six months to $1.45 billion; becomes the second unicorn in edtech space after Byju's. : Gaurav Munjal's edtech startup Unacademy may have become the latest unicorn in the country, but in his words, it is still Day 1 for the company. The firm, which was launched as a hobby on YouTube, has raised $150 million in a round led by Japanese conglomerate SoftBank valuing it at $1.45 billion, a three-fold jump in just six months. This also makes the Bengaluru-based firm the second unicorn in the country’s edtech space after Byju's.

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