Unacademy has raised $440 million in a fresh funding round led by Temasek. The fundraise takes the valuation of the group to $3.44 billion.

Existing backer's Softbank, General Atlantic and Tiger Global participated in the round.

OYO founder Ritesh Agarwal's family office Aroa Ventures and Zomato founder Deepinder Goyal also participated in the fund raise.

The valuation of Unacademy group has risen almost 10x in almost 18 months. In January 2021 Tiger Global, Dragoneer Investment Group, Steadview Capital and General Atlantic had doubled down on their investments through a secondary transaction.

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(Edited by : Jerome Anthony)

First Published:Aug 2, 2021 11:46 PM IST