Business & Entrepreneurship

[Funding alert] Unacademy's lead investors increase stakes, buy additional shares worth $50M

Publication: Your Story
Author: Rashi Varshney
Published: 1 week, 1 day ago

Edtech unicorn Unacademy has announced that it has concluded a new secondary transaction round in which its investors 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, it said in a statement.The latest transaction follows a

Read full post