Unacademy has since raised a total amount of $38.6 Million in numerous finance courses of investors including, Nexus Venture Partners, Sequoia India, Blume Ventures, SAIF Partners, and other investors’ valuation of more than $100 million. In July 2018, it fetched $21 Million in a Series C round.
“Sequoia India is delighted to assist the new course in Unacademy, which is enough already making a vast impression in India’s online learning platform,” said Shailendra Singh, Sequoia Capital.
Unacademy, which was officially started as a start-up, has now raised $38.6 million. Unacademy has hundreds of proficient courses, and offer free of charge and paid materials and lectures for UPSC candidates, with affordable offers. With the new funding, Unacademy will provide lectures and tutorials for post-graduation programs like SSC CGL, BANK EXAMS, IIT JEE, UPSC CSE, NEET, and others. Many other courses are available for free. With its paid service called Plus, users can enjoy different features like private discussion gatherings, live video lectures, and others. After the launch of Plus, Unacademy has acquired six times of progress in monthly revenue.