Bansal’s startup plans to triple its workforce in India and significantly increase its R&D efforts using a substantial portion of its recent USD 150 million financing
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He was a successful first-generation business owner, entrepreneur, industrialist and angel investor
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Unacademy began as a YouTube channel created by Munjal, Singh, and Saini before evolving into a comprehensive edtech platform in 2015
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The company is already funding promising AI startups including Cohere, Mistral AI and Scale AI
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The prestigious Web Excellence Awards, based in Switzerland, attracted 950+ entries worldwide, in Season 12. From these, AfterFirst Media becomes the only winner from India, for their Website Development & SEO project
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Notable backers in this Series B funding include Valor Equity Partners, Vy Capital, Andreessen Horowitz, Sequoia Capital, and Fidelity
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This round was led by Sequoia Capital and Index Ventures, with additional participation from Altman among others
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Unicorns are startups worth at least a billion dollars and not yet listed on a public exchange
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The South Bengaluru-based startup is confident about its capability of clocking USD 1 million ARR
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