India’s Unacademy raises $50 million to grow its online learning platform – TechCrunch

Big money continues to flow in India’s growing education Bangalore-based Unacademy, which operates an online learning platform to help millions prepare for competitive exams in India, has raised $50 million to further scale its reach. The Series D financing round was led by Steadview Capita…

India’s Unacademy raises  million to grow its online learning platform – TechCrunch

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Overall, the platform sees more than 100 million monthly views across the platforms. “We are seeing unprecedented growth and engagement from learners in smaller towns and cities, and are also very humbled to see that top-quality educators are choosing Unacademy as their primary platform to reach out to students.

The startup said it will use the new fund to expand the number of educators it has on the platform, and also add more exam courses, Unacademy CEO Munjal told TechCrunch.

Unacademy also maintains an archive of all the classes, giving students the option to reference to older lectures at any time through the app.  The startup says YouTube is still its largest distribution channel.

Bangalore-based Unacademy, which operates an online learning platform to help millions prepare for competitive exams in India, has raised $50 million to further scale its reach.

Byju’s, which has more than 2. 4 million paid subscribers, offers courses for students in kindergarten to year 12 subjects, in addition to those preparing for competitive under graduation level courses.

Unacademy began its journey as a YouTube channel, but has since expanded to its own app where it offers some courses for free and others through a recently launched subscription business.

Unacademy allows students to watch live classes from educators and then engage with the team in any questions they may have.

Last year it tied up with web producing house The Viral Fever to fund a show called “Kota Factory”, which revolves around the lives of students who are preparing to go to an engineering college.

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