Unacademy in talks to raise up to $35 million

BENGALURU: Education content platform Unacademy is in talks with existing and new investors to raise $30-35 million, less than six months after it raised its previous funding round, three people familiar with the discussions said. Unacademy which counts Sequoia Capital, Nexus Venture Partners and SAIF Partners among its backers, has seen a sharp increase in user traffic, making it an attractive asset for investors scouting for content or education technology start-ups, the people cited above said. The company also plans to expand its international footprint, they said. In September, Unacademy (Sorting Hat Technologies Pvt. Ltd) had raised $11.5 million from Sequoia and SAIF at a valuation of around $40-50 million. The NHPS announced in this budget is welcome and long overdue because it shows Correct; if you don’t combine it and integrate it with primary care, it won’t work because you will only find I am saying if you want to implement the scheme and are looking at secondary and tertiary care hospitalisation, it’s never going to be viable. It’s not going to sustain because of the amount you need.

My view is, before you roll out a whole plan, you should do it on about a million families, like a pilot. Then, the ₹2,000 crore will be well spent because you need to map it out and see how it works.

But if the government wants to start from scratch and build it up ground up, it’s going to take a lot of time because I feel that it’s not been thought through fully.