Announced

SoftBank led a $150m funding round in Unacademy.

Synopsis

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.

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