Learning platform Unacademy on Monday reported it has raised USD 440 million in a financing round drove by Temasek, with super pro-rata participation from General Atlantic, Tiger Global, and Softbank Vision Fund.
The most recent fundraise takes the valuation of Unacademy Group to USD 3.44 billion, it said in an articulation.
The Series H financing round additionally saw participation from Aroa Ventures, the family office of OYO Founder Ritesh Agarwal, and Deepinder Goyal, Co-Founder and CEO at Zomato.
Some private supporters of Unacademy have left in this round, it said.
Over the most recent year and a half, the valuation of the Unacademy Group has risen practically 10X, one of the quickest growth rates saw by a mid-stage consumer internet startup in India, the assertion said.
The most recent round follows one in January 2021 when Tiger Global, Dragoneer Investment Group, Steadview Capital and General Atlantic multiplied down on their earlier speculations through a secondary transaction, it expressed.
