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Unacademy's valuation tops $2 bn with funding from Tiger Global, Dragoneer

The latest fundraise follows funding round in September when the company raised an investment of $150 million in a round led by SoftBank Vision Fund 2 at a $1.45 billion valuation

Unacademy founders, Roman Saini
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Unacademy founders: Gaurav Munjal is standing at the centre while Hemesh Singh is in black jacket (right) and Roman Saini is in grey jacket (left).

Peerzada Abrar Bengaluru
Adding to the list of phenomenal edtech fund-raises this year, Unacademy has raised a fresh undisclosed investment from Tiger Global Management and US-based Dragoneer Investment Group.
 
The company didn't disclose the funding amount, but said it values Unacademy at $2 billion. The latest fund-raise follows a round in September when it raised $150 million, led by SoftBank Vision Fund 2. At that time, Unacademy's valuation had trebled to $1.45 billion in six months and became the second-most valued edtech start-up, after Byju’s - which is valued at $10.5 billion.
 
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First Published: Nov 25 2020 | 7:15 PM IST

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