Unacademy

The edtech company plans to use the funding to scale existing offerings under its exam prep vertical and build platforms for new verticals like job search, content creation, and upskilling.

Byju’s is raising about USD 150 million from UBS Group AG at a valuation of about USD 16.5 billion, making it the most valuable Indian startup.

NeoStencil offers over 500 courses to 1.1 million students of which 15,000 are paid users.

The investors who KrASIA spoke with said, in the hindsight, there has never been a better year for tech startups than 2020.

Investors who KrASIA spoke with believe there may be an edtech bubble in making as there has been over investment in the sector.

Coursavy was founded by an Unacademy alumnus in 2019.

The recent transaction has tripled the five-year-old startup’s valuation to USD 1.45 billion in less than six months.

This is Coatue Management’s first investment in an edtech company in the country.