Unacademy joined the Unicorn Club on September 02, 2020 after raising a $153 million Series F funding round, reaching a $5.64 billion valuation. Headquartered in Bengaluru, Karnataka, India, Unacademy provides online educational resources and structured courses for exam preparation.
The platform offers live classes with educator interaction, doubt clearing sessions, and recorded lessons for anytime learning, along with practice sections, mock tests, and downloadable lecture notes.
Keep reading to learn how Unacademy became a leading edtech unicorn in India.
What Is Unacademy and What Does It Do?
Founded in 2015, Unacademy is an edtech platform offering online courses, live classes, and exam preparation resources. The platform helps students prepare for competitive exams with structured lessons, practice problems, and mock tests.
Unacademy enables interaction with educators through live sessions, provides access to recorded lectures for self-paced learning, and supports learners with downloadable notes, quizzes, and personalized guidance for academic success.
How Much Funding Has Unacademy Raised?
1. Seed Round
- Amount Raised: $3 million
- Date: 2015
- Lead Investors: Blume Ventures, Nexus Venture Partners
- Purpose: Build the online learning platform and acquire early users
2. Series A Round
- Amount Raised: $11 million
- Date: 2016
- Lead Investors: Sequoia Capital India
- Purpose: Expand course offerings, grow student base, and strengthen technology
3. Series B Round
- Amount Raised: $21 million
- Date: 2017
- Lead Investors: Steadview Capital
- Purpose: Scale platform infrastructure and enhance educator network
4. Series C Round
- Amount Raised: $50 million
- Date: 2018
- Lead Investors: Nexus Venture Partners, SAIF Partners
- Purpose: Increase content library and improve platform scalability
5. Series D Round
- Amount Raised: $80 million
- Date: 2019
- Lead Investors: Tiger Global Management
- Purpose: Expand live classes, user acquisition, and technology improvements
6. Series E Round
- Amount Raised: $110 million
- Date: 2020
- Lead Investors: SoftBank Vision Fund
- Purpose: Grow course offerings, strengthen marketing, and improve platform capabilities
7. Series F Round
- Amount Raised: $153 million
- Date: September 2020
- Valuation: $5.64 billion
- Lead Investors: SoftBank Vision Fund, Peak XV Partners
- Purpose: Scale operations, expand educator network, and enhance product offerings
8. Series H Round
- Amount Raised: $440 million
- Date: August 2021
- Lead Investors: ABG Capital, Dragoneer Investment Group
- Purpose: Strengthen platform capabilities, increase user base, and expand edtech offerings
Total Funding Raised: $880 million Latest Funding Date: August 2021 Latest Known Valuation: $5.64 billion Employee Count: 1,799 as of July 2025
Key Investors
- SoftBank Vision Fund
- Details: Global investment fund backing technology and growth companies
- Focus Areas: Edtech, marketplaces, and high growth internet platforms
- Peak XV Partners
- Details: Growth stage investment firm
- Focus Areas: Technology, consumer internet, and online platforms
- ABG Capital
- Details: Investment firm focusing on growth stage companies
- Focus Areas: Edtech, fintech, and digital learning platforms
- Dragoneer Investment Group
- Details: Global technology investment firm
- Focus Areas: Online learning, SaaS, and high growth digital platforms
Where Is Unacademy’s Headquarters?
Unacademy is headquartered in Bengaluru, Karnataka, India, supporting its course development, operations, and edtech innovation teams.
What’s Next for Unacademy?
Unacademy plans to expand course offerings, enhance live and recorded learning experiences, and grow its educator network. The company is investing in AI-driven learning tools, personalized learning experiences, and scalable technology to maintain leadership in India’s competitive edtech market.
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