dThe MoU, signed for a period of three years, aims at breaking geographical and affordability barriers that exist among students of government schools, Development Commissioner PK Jena said.
Very recently, Unacademy group’s Graphy acquired Spayee, a SaaS platform for creators, to consolidate its offering in the creator ecosystem.
With these top three unicorns, and nearly 60 per cent of the 2021 LinkedIn Top Startups India List based out of Bengaluru, the city has reinforced its reputation as the 'Silicon Valley of India'.
The Mumbai-headquartered firm said that it is in advanced talks to raise $400 million more funding at a $4-billion valuation.
The development indicates strong investor interest in the edtech space that has gained immensely from rapid digital adoption, especially during the pandemic.
Over the last 18 months, the valuation of the Unacademy Group has risen almost 10X, one of the fastest growth rates witnessed by a mid-stage consumer internet startup in India, the statement said.