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Finshots

Sep 2, 2020 • 8 tweets • 2 min read • Read on X

Unacademy is now valued at $1.45 billion after it raised $150M from Softbank and other investors. So we thought we would look at the spectacular rise of Unacademy and its journey towards becoming India's second Ed-tech unicorn

Dec 2010- Gaurav Munjal, a computer science student, launches a YouTube channel named Unacademy.

2014- Roman Saini, Hemesh Singh, and Sachin Gupta join the channel as fellow educators.

Jan 2016- Unacademy is officially launched with Gaurav Munjal, Roman Saini, Hemesh Singh, and Sachin Gupta as co-founders.

May-Aug 2016- Unacademy raises $1.5M in two rounds of seed funding.

Jan 2017- The platform reaches 500K registered users.

Nexus VP and Blume Ventures invest $4.5M through series A funding.

Unacademy’s Learning App becomes the largest free learning platform in India

Oct 2018- Unacademy acquires Wifi Study- a youtube channel for preparations of Govt. exams like banking, SSC, railways, etc.

June 2019- Unacademy raises another $50M in Series D funding.

Feb 2020- Valuation crosses $500M. They raise $110M in Series E led by Facebook.

Mar 2020- They acquire Kreatyx, an online coaching platform for GATE and ESE

Also, announce 20,000 free live classes during COVID lockdown.

Jun 2020- More acquisitions-- CodeChef, a competitive programming website, gets acquired for an undisclosed amount.

July 2020- They also pay $50M to acquire Prepladder, an online medical coaching platform whilst also acquiring a majority stake in Mastree for $5M

Aug 2020- Unacademy becomes one of the Official Partners for IPL

Becomes a Unicorn with a valuation of $1.45 billion

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In 1995 Steve Jobs became a billionaire. But..

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See, the story starts in 1986 when after being forced out of Apple, Steve Jobs acquired Pixar from filmmaker George Lucas for a mere $5 million. And further invested another $5 million in the company.

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