Edtech firm Unacademy raises $50 mn in Series D from Steadview, others

The online education firm said it is seeing unprecedented growth and engagement from learners in smaller towns and cities

Unacademy, an online learning platform, has raised $50 million Series D funding round from Steadview Capital, Sequoia India, Nexus Venture Partners and Blume Ventures. Aakrit Vaish, co-founder of tech firm Haptik and Sujeet Kumar, co-founder of business-to-business online marketplace Udaan also participated in the round, along with Unacademy founders, Gaurav Munjal and Roman Saini.

“By leveraging technology and high-quality educators, we aim to move closer to our mission of democratising education at all levels, starting with test prep,” said Gaurav Munjal, co-founder and chief executive of Unacademy. “We are seeing unprecedented growth and engagement from learners in smaller towns and