The online exam preparation service was reportedly valued at $400m in a $110m round featuring Facebook that lifted its total funding to $199m.
India-based online education provider Unacademy secured $110m in series E funding today from investors including social media company Facebook.
Growth equity firm General Atlantic led the round, which valued Unacademy at $400m, people familiar with the matter told TechCrunch, adding that the corporate contributed less than $20m of the total. It included Steadview Capital, Sequoia India, Nexus Venture Partners and Blume Ventures.
Unacademy operates a platform that helps students prepare for college and university entrance exams with online courses and…
Thierry Heles
Thierry Heles is editor-at-large of Global University Venturing and Global Corporate Venturing, and host of the Beyond the Breakthrough podcast.