Edtech unicorn Unacademy has roped in Zomato CEO and co-founder Deepinder Goyal on its board. Deepinder is an investor in Unacademy and participated in the company’s $440 million Series H fundraise in August. Goyal is an existing investor in Unacademy. He had participated in the company’s $440 million Series H fundraise in August. The other major investors in Unacademy include SoftBank, Tiger Global and General Atlantic.
Gaurav Munjal, Co-Founder & CEO, Unacademy Group said that Goyal has been an advisor for several years and it was only a matter of time before that association transformed into a formal partnership. “His experience with building and scaling a successful consumer technology company will help us tremendously as we build the country’s largest learning platform.”
“I am thrilled to join the Unacademy board. I think it’s one of the best product companies being made in India, and I am looking forward to learning from Gaurav and the team,” said Deepinder Goyal.
The announcement comes at a time when rivals like Byju’s have also raised billions in funding and expanded to overseas markets as well as made half a dozen acquisitions this year. Post- pandemic. Online education is among industries benefiting as global investors boost their bets on the country’s startup ecosystem. Last month, Bangalore-based startup Vedantu became the fifth Indian edtech unicorn after Byju’s, Unacademy, UpGrad and Eruditus, and the third to reach the milestone this year.
