One of India’s leading learning platform, Unacademy Group raises a fresh investment round from Tiger Global and Dragaonner Investment Group. The transaction values the company at $2 billion. The 2015-founded startup has raised nearly $348.5 million from 35 investors in various rounds of funding.

The latest fund follows a fund round in September 2020, where Unacademy raised $150 million in a round led by SoftBank Vision Fund 2 along with existing investors General Atlantic, Sequoia Capital, Nexus Venture Partners, Facebook and Blume Ventures. The company was valued at $1.45 billion then.

“Our mission from day one has been to democratise education and make it more affordable and accessible. We have consistently built the most iconic products that deliver high quality education to everyone. Today, I’m delighted to welcome Tiger Global and Dragoneer as our partners in the journey. They are both marquee global investors with a history of partnering with innovative companies that are making an impact on people’s lives,” says Gaurav Munjal, Co-Founder & CEO, Unacademy.

Touted to be India’s largest learning platform, Unacademy Group has 47,000+ educators, teaching in more than 14 Indian languages and learners spread across 5,000 cities. “The opportunity to improve lives through online education is enormous because of its sheer accessibility. The Unacademy team has innovated rapidly to build a leading platform that is taking education to the farthest corners of India. We are very excited to partner with Unacademy and look forward to seeing it scale further,” says Scott Shleifer, Partner at Tiger Global.