.
MergerLinks Header Logo

New Deal


Announced

SoftBank led a $150m funding round in Unacademy.

Financials

Edit Data
Transaction Value£111m
Consideration TypeCash
Capital Owned-
Capital Bid For10%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

Edit

Tags

Edit

Software

education software solutions

education software

education services provider

India

Acquisition

Minority

Private

Private Equity

Friendly

Pending

Single Bidder

Cross Border

Synopsis

Edit

SoftBank Vision Fund 2 led a $150m funding round in Unacademy, an Indian online education technology company, valuing the company at $1.45bn. General Atlantic, Nexus Venture, Blume Venture, Facebook and Sequoia Capital also participated in the round. “In a young country where only privileged urban Indians with a lot of money could reach exam prep experts, Unacademy has democratized knowledge,” Gaurav Munjal, Unacademy Co-Founder.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US