Unacademy valued at $3.4 bn post new funding, will diversify beyond edtech: CEO Gaurav Munjal

Bengaluru | Mumbai: Unacademy has raised $440 million in a new funding round led by Singapore’s Temasek Holdings, valuing the education technology startup at $3.4 billion, according to a top executive.

South Korea’s Mirae Asset also joined the round, and existing investors such as SoftBank Vision Fund, General Atlantic and Tiger Global participated with large cheques, signalling strong investor interest in a sector that has gained tremendously from rising digital adoption during the pandemic.