SoftBank Vision Fund has returned to back the e-learning portal in a round which valued it at $3.44bn and lifted its overall funding to about $860m.

India-based remote education software provider Unacademy has secured $440m in series H funding featuring internet and telecommunications group SoftBank’s Vision Fund 2, TechCrunch reported today.

The round was led by Singaporean state-owned investment firm Temasek and backed by Mirae Asset, General Atlantic, Tiger Global, Deepinder Goyal and Ritesh Agarwal, valuing Unacademy at $3.44bn. The company has raised roughly $860m since it was founded in 2015.

Unacademy has built an app targeting students preparing for tertiary education institutions’ entrance, providing learning…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.