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Unacademy secures Series B funding of $11.5M from Sequoia India and SAIF Partners

Education technology startup Unacademy has raised $11.5 million Series B funding led by Sequoia India and SAIF Partners. Existing investors and angels including Nexus Venture Partners and Blume Ventures also participated in the round. The fresh capital will help the company to tap international markets, and to accelerate its product and technology as well as scale to newer categories including personality development, new languages and job interviews. The company will also create original content with its top educators on the platform. With this funding, Unacademy plans to grow tenfold, and is looking to onboard more than 10,000 educators across the globe over the next 18 months. The platform currently has around 50,000 lessons online and over 1 million registered users, while on its YouTube channel it has close to 1 million subscribers. Unacademy began as an educational YouTube channel by Gaurav…

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