UNACADEMY CASE STUDY
UNACADEMY CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE, INVESTORS, COMPETITOR
Founder and CEO: Gaurav Munjal
UNACADEMY BUSINESS MODEL
Unacademy is an online learning platform that offers daily online classes and educational courses for students.
STORY BEHIND THE IDEA
Unacademy was founded in the year 2015 by Gaurav Munjal, Hemesh Singh, and Roman Saini. They started Unacademy as a platform for educators and new-age learners. Their primary focus is the educators creating educational videos and offering live classes to students, and students having access to more than 30 exam preparing categories. Unacademy has now more than 1 million video lectures and over 10,000 intelligent educators on its platform. The company said they have 70% of its users are from Tier 2 and Tier 3 cities in india and they keep on spreading.
FUNDING
In Sept 2016, Unacademy achieved funding of $500K.
In Aug 2016, it achieved funding of $1 million from investors Blume, WaterBridge Ventures, Tracxn.
In Jan 2017, it achieved funding of $4.5 million in Series A from investors Nexus and Blume.
In Seo 2017, it achieved $11.5 million in Series B from investors Sequoia, Saifpartners, Nexus, and Blume.
In May 2018, it achieved $574.3K.
In Jul 2018, $21 million in Series C from investors Sequoia, Saifpartners, Nexus, and Blume.
in Jun 2019, $50 million in Series D from investors Sequoia, Steadview, Nexus, and Blume.
In Feb 2020, $110 million in Series E from Investors Facebook, General Atlantic, Seqouia Capital, Nexus, Steadview.
DISCOVER
FOUNDED: 2015
HEADQUARTERS: Bangalore, Karnataka
ESTIMATED ANNUAL REVENUE: $1.7M
EMPLOYEES: 500
Educators: 14k+
Daily live classes: 1.5k+
Video lessons: 1M+
Exam categories: 60+
Mins. watched: 3.2B+
Industry Sector: E-Learning
Twitter Follower: 38,410
Facebook Follower: 902,187
COMPETITORS
Vedantu, BYJU’S, Toppr, Embibe, Learnpedia, Plancess, Testbook, Extramarks, Top Rankers, and Khan Academy.
UNACADEMY APP
Unacademy app is available on Google play store with a rating of 4.5 stars. On the Unacademy Learning App, you can attend Live Classes by top educators, get your doubts cleared and tested your preparation via Live Test Series, Quizzes, Practices Section and Much more.
Exam Categories
UPSC CSE
SSC EXAMS
IIT JEE
NEET-UG
NEET-PG
Bank Exams
NTA-UGC NET
CDS/AFCAT/CAPF/NDA/AIR FORCE X&Y/NAVY and more
ALSO READ
Thanks for reading
UNACADEMY CASE STUDY, FUNDING, BUSINESS MODEL, REVENUE, INVESTORS, COMPETITOR
Unacademy is one of India’s largest e-learning platforms which provides
online courses on numerous topics.Unacademy is an online education
hub which has its base in Bangalore. It was first started as a YouTube
channel and then was officially established as an education company.
Unacademy provides various specialized courses on cracking
competitive examinations like UPSC, CA, etc. It provides a seamless
interface to connect the finest mentors with the students so that don’t
have to rely on traditional classrooms. Unacademy has its website and
mobile application (android & IOS). The geographical area of
unacademy is within India.
Unacademy was founded in the year 2015 by Gaurav Munjal, Hemesh
Singh, and Roman Saini. They started Unacademy as a platform for
educators and new-age learners. Their primary focus is the educators
creating educational videos and offering live classes to students, Most
competition aspirants and students fall in the age group of 15-25 years
of age. A serious aspirant spends close to 8-10 hours every day
studying. Hence, platforms that help them save time or do not intrude
in their study time would be relevant as well as engaging. A number of
competitive exams require aspirants to stay updated with news across
industries, countries and fields. Unacademy is a digital platform hence
targeting users already present on digital medium would be more
effective Platforms that offer the option to target the audience based
on age would help the brand filter out the relevant audience.
Unacademy has now more than 1 million video lectures and over
10,000 intelligent educators on its platform. In Feb 2020, $110 million
in Series E from Investors Facebook, General Atlantic, Seqouia Capital,
Nexus, Steadview