Edtech startup Unacademy gets $440 mn funding, valuation crosses $3.44 bn

Edtech startup Unacademy said Monday it has raised $440 million in a funding round led by Temasek and General Atlantic, Tiger Global, and Softbank Vision Fund pitching in as other participants.

The latest fundraise takes the valuation of Unacademy Group to $3.44 billion. This is up from $2 billion valuation in November last year.

The Series H funding round also had participation from Aroa Ventures, the family office of OYO Founder Ritesh Agarwal, and Deepinder Goyal, Co-Founder and CEO at Zomato. Some angel investors exited Unacademy in this round.

Bengaluru-based Unacademy Group’s valuation has grown almost ten times in 18 months: one of the fastest growth rates by a mid-stage consumer internet startup in India.