Unacademy Looking to Raise $30-35 Million
Bengaluru based online education platform Unacademy is in talk with investors to raise $30-35 million. The funding will use to expand Unacademy base in international market.
In September, Unacademy had raised $11.5 Million from Sequoia and SAIF partners. The valuation of education platform is around $40-50 million and after $35 million funding the valuation will be close to b/w $110-130 million.
As per the Livemint report, Out of $35 Million, half the funding will infuse by the existing investors.
Unacademy, which was founded by CEO Gaurav Munjal, Roman Saini, Hemesh Singh and Sachin Gupta has over 50 employees & freelancers.
Unacademy didn’t respond to an email seeking comment.
Apart of Unacademy, Byjus an education based start-up for 4th-12th class attracts the venture...