Education technology startup Unacademy has raised an undisclosed amount from Tiger Global Management and Dragoneer Investment Group, valuing the Bengaluru-based company at $2 billion. The latest investment comes just two months after Unacademy raised $150 million led by SoftBank Vision Fund 2 at a valuation of $1.45 billion.

— The Economic Times

INDUSLAW advised Sorting Hat Technologies Private Limited, operating as Unacademy, led by a team of senior partner Suneeth Katarki and partner Rashi Saraf, with lawyers Ankita Gupta, Manisha Nayak and Nishihi Shah, reprising its role on the recent $150m round.

Update 22 December 2020: Bharucha & Partners advised General Atlantic led by a team including partner Vandana Pai, and associates Aditi Mallavarapu and Ayush Jain.

Nishith Desai Associates acted for Steadview Capital Opportunities PCC.

Gunderson Dettmer represented DF International Private Partners (Dragoneer) and Internet Fund VI Pte. Ltd (Tiger Global).

2020-12-01

Deal value: Confidential

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