Mumbai Capital

Unacademy raises seed funding led by Blume Ventures, others

Free learning platform Unacademy has raised $500,000 in seed funding, led by Blume Ventures, along with Rajan Anandan (Google), Sumit Jain (CommonFloor), Aprameya Radhakrishna (Taxi4Sure), Sujeet Kumar (earlier Flipkart), Phanindra Sama (RedBus) among others.

Unacademy, which started as an educational YouTube channel, unveiled its free learning platform Unacademy.in in January 2016. While the YouTube channel has more than 15 million video views, the platform has more than 1,500 lessons ranging from learning a new language to cracking government examinations.

Mini courses

“Unacademy’s vision is to distribute knowledge from educators and innovators in the form of mini courses, which incorporate lessons of not more than 10 minutes each. The platform makes the discovery of these courses easy, which the learners can then take and track their progress,” Gaurav Munjal, co-founder and CEO, Unacademy, said in a statement.

Unacademy allows educators to create courses on the platform. All educators go through an interview process and selection is based on their experience. The company helps educators create these courses, which are then available on the platform for free.

“Delivery of education in India needs radical shifts and Unacademy is a bet to deliver that objective,” Karthik Reddy, Managing Partner, Blume Ventures said.

Unacademy was founded by Gaurav Munjal, Roman Saini, Hemesh Singh and Sachin Gupta. Gaurav and Hemesh were previously running Flatchat, which was acquired by CommonFloor in 2014.

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Printable version | Nov 28, 2020 12:11:49 PM | https://www.thehindu.com/news/cities/mumbai/business/unacademy-raises-seed-funding-led-by-blume-ventures-others/article8588196.ece

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