Bengaluru-based learning platform Unacademy has raised $440 million in a funding round led by Singapore’s Temasek Holdings, The Economic Times has reported.

South Korea’s Mirae Asset participated in the round, along with existing investors including SoftBank Vision Fund, General Atlantic and Tiger Global.

The six-year-old ed tech start-up, which began life as a YouTube learning channel, is now valued at around $3.4 billion.

Unacademy’s co-founder Gaurav Munjal said that company “wants to position itself as a broader technology firm with multiple consumer-facing products, and not be restricted to ed tech”.

Date published: 2 August 2021

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