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Tiger Global and Dragoneer led a funding round in Unacademy at a $2bn valuation.

Synopsis

Tiger Global and Dragoneer, two private equity firms, led a funding round in Unacademy, an Indian online education technology company, valuing the company at $2bn. Financial terms were not disclosed. “The opportunity to improve lives through online education is enormous because of its sheer accessibility. The Unacademy team has innovated rapidly to build a leading platform that is taking education to the farthest corners of India. We are very excited to partner with Unacademy and look forward to seeing it scale further,” Scott Shleifer, Tiger Global Partner.

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