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Finshots Profile picture
@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 Image
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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More from @finshots

Finshots Profile picture
Sep 5
Hospitals are earning record profits, yet access to healthcare remains lowest in India.

But why ?

We dug deep on this issue and here's what we found out👇 Image
1/ Before getting into what’s happening, you need to understand what Average Revenue Per Occupied Bed or ARPOB means.
It essentially translates to hospitals tracking revenue per occupied bed, just like hotels do per occupied room.
And ARPOB across major hospital chains are at an all time high!
2/ Max Hospital is making ~Rs 78,000/day/bed
Fortis is making ~ Rs 73,000/day/bed
Medanta is making ~ Rs 67,000/day/bed
Apollo is making ~ Rs 62,000/day/bed

Now, when occupancy rates are still around 65%, how are these hospitals making such record profits?
Read 7 tweets
Finshots Profile picture
Sep 2
44 Lakh Reliance investors may miss out their pie on the upcoming Jio IPO!

What’s really at stake?

Here’s what you need to know👇 Image
1/ Jio Platforms is about to make history on Dalal Street, targeting a jaw-dropping $154B valuation for its 2026 IPO.

Yet, 44 lakh Reliance Industries shareholders won’t get direct Jio shares like last time. They’ll participate only via RIL’s 66.3% holding.
2/ This contrasts sharply with Jio Financial’s previous “buy one, get one free” spin-off, where RIL shareholders received direct shares.

Now, investors face a classic holding company discount which is less direct value, but RIL.
Read 8 tweets
Finshots Profile picture
Aug 29
Reliance just concluded it's 48th AGM

Here's All you need to know about the upcoming Jio IPO and more such highlights🧵 Image
1/ Mukesh Ambani announced Jio IPO likely in the first half of 2026, marking a key milestone for Reliance’s telecom arm. This listing is a key unlock for investors and reflects the maturing digital market in India amid rising demand for connectivity and digital services post-pandemic.
2/Reliance is building the world’s largest clean energy ecosystem: battery gigafactories (40-100 GWh output), solar PV manufacturing to scale to 20 GWp, and green hydrogen production. Furthermore, Jio-BP will expand its EV charging network and mobility fuels, driving India’s green mobility transition.
Read 13 tweets
Finshots Profile picture
Aug 18
Why India’s Semiconductor Story May Begin with Packaging Image
1) Semiconductor chips are everywhere, in phones, cars, and even medical devices. But producing them is one of the most complex industrial processes in the world, involving over a thousand steps.
2) Broadly, the journey has three stages: design, manufacturing in semiconductor fabrication plants, and assembly and testing, known as OSAT. While manufacturing plants usually attract the most attention because they are massive, capital-intensive, and create jobs, they are also extremely difficult to set up. Building them requires billions of dollars, years of effort, a reliable supply of pure water and electricity, and decades of technical expertise, which countries such as Taiwan and South Korea have already developed.
Read 5 tweets
Finshots Profile picture
Aug 18
GCCs are killing the Indian IT Industry! Here's the reason why👇 Image
1/Indian IT layoffs have often been blamed on AI taking away jobs. However, a deeper shift is at play with the Global Capability Centres (GCCs) quietly transforming the industry landscape. GCCs mean companies are bringing in-house tech and are cutting reliance on traditional outsourcing firms.
2/The original outsourcing model was cost arbitrage via Indian IT giants like TCS and Infosys. But by 2013, big clients like Bank of America and Procter & Gamble started "insourcing" technology work, setting up their own Indian operations.
Read 8 tweets
Finshots Profile picture
Aug 1
The EV industry in India is on the verge of collapse. Image
1) The Indian EV industry might be on the verge of a fallout. Tata Motors’ EV market share dropped from nearly 70% in early 2024 to 53% in 2025. And unlike countries like China, the Indian market’s EV aspirations are not for a clean fuel alternative, but for a better value for money.
2) One of the main reasons for this plunge can be attributed to India’s dangerous dependency on rare-earth materials, which China controls. And following Beijing’s tighter export rules on rare earths, the magnet shipments to India are already facing delays, hurting the production process.
Read 8 tweets

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