Unacademy

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Unacademy
Unacademy Logo.png
Formation2015
FounderGaurav Munjal (CEO), Roman Saini and Hemesh Singh
TypePrivate
HeadquartersDelhi, India
ServicesOnline Education
Parent organization
Sorting Hat Technologies
Websitehttp://www.unacademy.com

Unacademy is an educational technology company based in Bangalore, India.[1] Started in 2015, it is a platform that offers online education in India.[2] Unacademy educators consist of either students who have cleared various exams or mentors who have teaching experience.[3][4][5] It provide's online coaching for various exams of India like IIT JEE, NEET, UPSC.

Background[edit]

Unacademy first began as a channel on YouTube in 2010 by Gaurav Munjal.[1][6] In December 2015, Roman Saini and Hemesh Singh joined Gaurav Munjal to found the company as its own venture.[7][8] The company is registered as Sorting Hat Technologies Pvt Ltd.[8]

In August 2017, Bhavin Turakhia, entrepreneur and founder of Directi, joined the board.[9][10] In 2018, Munjal, Singh and Saini were included in the India version of Forbes 30 Under 30 for their work at Unacademy.[11]

Unacademy has raised a total of $38.6 million in various funding rounds from investors including, Sequoia India, SAIF Partners, Nexus Venture Partners, and Blume Ventures.[12][13][14][15][16] In July 2018, it raised $21 million in a Series C round of funding from Sequoia India, SAIF Partners, Nexus Venture Partners and others.[17][18]

Unacademy won the Digital Start-Up of the Year award at the IAMAI 12th India Digital Summit.[19]


References[edit]

  1. ^ a b "Free to learn". Deccan Chronicle. 31 January 2016. Retrieved 5 October 2017.
  2. ^ "Crunchbase | Unacademy". www.crunchbase.com.
  3. ^ "Meet the EduTubers". The Hindu. 23 October 2016. ISSN 0971-751X. Retrieved 5 October 2017.
  4. ^ "Unacademy's unconventional tutorials for underprivileged - Times of India". The Times of India. Retrieved 5 October 2017.
  5. ^ "Jumpstarting careers". 17 June 2018.
  6. ^ "Why everyone loves the new Video Coach - Times of India". The Times of India. Retrieved 5 October 2017.
  7. ^ "Tech in Asia - Connecting Asia's startup ecosystem". www.techinasia.com. Retrieved 5 October 2017.
  8. ^ a b "Flipkart, Paytm founders back ed-tech startup Unacademy". VCCircle. 24 August 2016. Retrieved 5 October 2017.
  9. ^ "Unacademy Appoints Bhavin Turakhia on its Board as a Director - TechStory". TechStory. 9 August 2017. Retrieved 11 October 2017.
  10. ^ "Education tech startup Unacademy appoints Bhavin Turakhia on its board - Times of India". The Times of India. Retrieved 11 October 2017.
  11. ^ "30 Under 30 2018 - Forbes India Magazine". Forbes India. Retrieved 2 March 2018.
  12. ^ Vignesh, J. (14 September 2017). "Unacademy gets $11.5 million from Sequoia, SAIF". The Economic Times. Retrieved 5 October 2017.
  13. ^ KJ, Shashidhar. "Unacademy raises $4.5 million in funding from Blume and Nexus Venture Partners". www.medianama.com. Retrieved 5 October 2017.
  14. ^ "Unacademy raises funds from Flipkart's Bansals, others". Moneycontrol. Retrieved 5 October 2017.
  15. ^ "Unacademy just raised $1 million and these are the top Indian entrepreneurs that backed this ed-tech startup". Business Insider. Retrieved 5 October 2017.
  16. ^ Vignesh, J. (17 July 2018). "Unacademy turns a chapter with $21 million from Sequoia Capital, Nexus and others". The Economic Times.
  17. ^ "Learning platform Unacademy raises $21-m Series C funding". The Hindu Business Line. 16 July 2018.
  18. ^ "Unacademy raises $21 million from Sequoia India, others". Business Today. 17 July 2018.
  19. ^ "Former Cricketer Virender Sehwag Awarded Social Media Person of the Year; Unacademy Wins Digital Start-Up of the Year; NPCI is the digital person of the year". 18 January 2018.