Tiger Global invests in India’s Unacademy at $2 billion valuation


Unacademy, an online learning platform in India, today announced it has raised a fresh investment round from Tiger Global Management and Dragoneer Investment Group.

The funding round, the size of which was not disclosed, valued the Bangalore-based startup at $2 billion, up from about $500 million in February this year and $1.45 billion in September.

“Our mission from Day One has been to democratise education and make it more affordable and accessible. We have consistently built the most iconic products that deliver high quality education to everyone. Today, I’m delighted to welcome Tiger Global and Dragoneer as our partners in the journey. They are both marquee global investors with a history of partnering with innovative companies that are making an impact on people’s lives,” said Gaurav Munjal, Co-Founder and CEO, Unacademy, in a statement.

More to follow…


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