Chennai: Learning platform, Unacademy has announced the closing of its $50 million Series D funding round from Stead View Capital, Sequoia India, Nexus Venture Partners and Blume Ventures.
Co-founder and CEO, Unacademy, Gaurav Munjal, said, “Our mission has been to provide every learner in the country access to the highest quality education. We are seeing unprecedented growth and engagement from learners in small towns and cities, and are also very humbled to see that top quality educators are choosing Unacademy as their primary platform to reach out the students. In the last few months, we have taken bigger strides toward achieving this mission. We have more than 400 top educators from across the country taking live classes everyday on Unacademy Plus. This is available to every student, irrespective of their location. By leveraging technology and high quality educators, we aim to move closer to our mission of democratising education at all levels, starting with test prep.”
Aakrit Vaish, (co-founder and CEO, Haptik) and Sujeet Kumar (co-founder, Udaan) also participated in the round, along with Unacademy founder Roman Saini.
The platform, in a release said since its launch, Plus subscription has seen more than 50,000 learners have subscribed. The Unacademy Plus subscription is available for more than 20 exam categories and provides students unlimited access to live courses by top educators across the country.