Unacademy See Investment From Dragoneer Investment Group

Unacademy today announced that Dragoneer Investment Group and tech entrepreneur Bhavin Turakhia have invested in the company’s Series H round, through a mix of primary and secondary transactions.

Dragoneer and Turakhia together have invested $10 million of the $440 million raised in the latest funding round, which was led by Temasek. The round also witnessed participation from General Atlantic, Mirae Asset, Tiger Global, and Softbank Vision Fund. Other investors in Series H include Aroa Ventures, the family office of OYO Founder Ritesh Agarwal, and Deepinder Goyal, Co-Founder, and CEO of Zomato.

Unacademy is currently valued at $3.44 billion, a 70 per cent surge from its valuation during the previous fundraise in January 2021, when existing investors doubled down on their investments through a secondary transaction.

Dragoneer Investment Group first invested in Unacademy in November 2020.

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