Artificial Intelligence | News | Insights | AiThority
[bsfp-cryptocurrency style=”widget-18″ align=”marquee” columns=”6″ coins=”selected” coins-count=”6″ coins-selected=”BTC,ETH,XRP,LTC,EOS,ADA,XLM,NEO,LTC,EOS,XEM,DASH,USDT,BNB,QTUM,XVG,ONT,ZEC,STEEM” currency=”USD” title=”Cryptocurrency Widget” show_title=”0″ icon=”” scheme=”light” bs-show-desktop=”1″ bs-show-tablet=”1″ bs-show-phone=”1″ custom-css-class=”” custom-id=”” css=”.vc_custom_1523079266073{margin-bottom: 0px !important;padding-top: 0px !important;padding-bottom: 0px !important;}”]

Unacademy Group Concludes Secondary Share Transaction With Leading Investors

  • Tiger Global, Dragoneer Investment Group, Steadview Capital and General Atlantic buy $50 million worth of shares from existing investors
  • Transaction helps Tiger Global, Dragoneer Investment Group, Steadview Capital and General Atlantic double down on their investment and conviction in the growth prospects of the Unacademy Group

Unacademy, India’s largest learning platform, announced it has concluded a new secondary transaction round in which Tiger Global, Dragoneer Investment Group, Steadview Capital and General Atlantic have increased their stake in the company. As part of the round, the investors have acquired additional shares worth $50 million, doubling down on their investment and conviction in the Unacademy Group’s growth trajectory and future prospects.

Recommended AI News: University of Cincinnati and Mobilitie Bring 5G Network to Fifth Third Arena and Campus

Related Posts
1 of 33,477

The latest transaction follows a round in November 2020 when Tiger Global and Dragoneer Investment Group invested in the Unacademy Group at a valuation of $2 Billion.

Recommended AI News: Samba TV Announces Real-time Picture Quality Innovation Powered by AI for Gaming, Movies, and Sports

Unacademy Group is India’s largest learning platform with 48,000+ Educators teaching in over 14 Indian languages, and Leaners spread across 5,000 cities. Over 150,000 live classes are conducted on the platform each month and the collective watch time across platforms is over 2 Billion minutes per month.

Recommended AI News: Computer Vision AI Startup Fyma Secures $1.8 Million Seed Investment Led by Change Ventures

Leave A Reply

Your email address will not be published.