Unacademy in talks to raise up to $35 million - News Summed Up

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Unacademy in talks to raise up to $35 million


Bengaluru: Education content platform Unacademy is in talks with existing and new investors to raise $30-35 million, less than six months after it raised its previous funding round, three people familiar with the discussions said. Ltd) had raised $11.5 million from Sequoia and SAIF at a valuation of around $40-50 million. Mint reported in November that investments in content start-ups are picking up pace. Unacademy, which was launched as a YouTube channel in 2010, changed tack in 2015, incorporating as a separate entity . Currently, Unacademy has at least 4,000 educators on its platform and a collection of over 50,000 online video lessons.


Source: Mint February 25, 2018 18:22 UTC



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