The ed-tech titan Unacademy rules online education in India. Because it gained significant popularity and recognition for several reasons. Such as vast course selection, interactive learning experience, comprehensive study material, accessibility, peer learning, etc. Unacademy has an extensive network of educators who are experts in their respective fields. Do you know, the market valuation of Unacademy is Rs.114.6 crore in FY22? In this article, we will delve into Unacademy shareholders’ breakdown and funding valuation.
Stay tuned!
Shareholders Breakdown
Now, here comes the first part of this article. Unacademy shareholders breakdown! Before jumping into the list of Unacademy shareholders, you must know the significance of this section. But why is it necessary to know about the shareholders and funding valuation of a company? You may ask! It is important due to several reasons such as-
- It provides insights into the company’s financial strength and resources. A higher valuation suggests that the company has secured significant funding, which can be utilized for expanding its operations.
- A higher number of shareholders indicates the level of confidence and trust that prominent investors and venture capital firms have in Unacademy’s business model and growth prospects.
- The presence of prominent investors as shareholders can also open doors to strategic partnerships and collaborations for Unacademy.
- Knowledge about Unacademy’s funding and investors can influence user perception and trust in the platform. Understanding Unacademy’s funding valuation can provide insights into the competitive landscape of the tech industry.
- When potential students and educators see that reputable investors have invested in Unacademy, it can instill confidence in the platform’s credibility and reliability. This, in turn, can attract more students to enroll in courses and more educators to collaborate with Unacademy, creating a positive feedback loop.
Now let’s look into various shareholders of Unacademy. Some of the major shareholders are ESOP Pool, Sequoia India, Nexus Venture India, etc. Here, a notable point is, ESOP Pool is the largest shareholder! ESOP refers to an Employee Stock Ownership Plan. Here workers’ ownership interest in the company is presented in the form of stock shares. In this way, Unacademy encourages its employees to give their 100% to the company. Then, earn financial rewards post the company’s success.
Shareholders of Unacademy
You can have a quick look at the recent shareholding structure of Unacademy.
Shareholder’s Name | Percentage of Shares Owned |
ESOP Pool | 14.4% |
Sequoia Capital India | 13.1% |
Nexus Venture India | 13.1% |
Softbank Vision Fund | 11.5% |
General Atlantic | 10.1% |
Blume Ventures | 4.8% |
Steadview Capital | 4.7% |
Temasek | 4.5% |
Tiger Global | 3.9% |
Gaurav Munjal | 3.5% |
Hemesh Singh | 2.3% |
Others | 7.2% |
Fundings so far & Valuation
As of now, Unacademy has gone through 13 funding rounds. Through which it raised over Rs.6,898 crore. Its latest funding was raised in its series H round in August 2021. Its latest investor was Temasek Holdings. They invested Rs.3,619 crore in Unacademy. Some other venture capitalists of Unacademy are given in the following table.
Venture Capitalist | Funding Amount (in crores) |
Temasek Holdings | Rs.3,619 crore |
SoftBank Vision Fund | Rs.1,234 crore |
General Atlantic | Rs.904 crore |
Meta | |
Sequoia Capital India | |
Blume Ventures | Rs.172 crore |
Nexus Venture Partners | |
Sequoia Capital India | |
Steadview Capital | |
Elevation Capital | Rs.94.6 crore |
Sequioia Capital India |
Brief info on Unacademy’s key venture capitalists-
- SoftBank Vision Fund: This is a major investor in Unacademy. SoftBank is a global conglomerate known for its investments in technology companies.
- Temasek Holding: It is a global investment company headquartered in Singapore. It has a global portfolio. The latest funding in Unacademy was done by Temasek Holding.
- General Atlantic: It is a leading global growth equity firm that invests in companies across various sectors. They have also invested in Unacademy, showing their confidence in the platform’s growth potential.
- Sequoia Capital India: It is a venture capital firm with a focus on early-stage and growth-stage investments. They have been an active investor in the Indian startup ecosystem and have invested in Unacademy.
- Nexus Venture Partners: It is a venture capital firm that invests in early-stage and growth-stage companies primarily in India and the United States. They have participated in funding rounds for Unacademy.
- Steadview Capital: It is an investment firm that focuses on making long-term investments in high-growth companies. They have been a shareholder in Unacademy, reflecting their interest in the ed-tech sector.
Is Unacademy Profitable?
Recently, you must have come across the news that Unacademy acquired Aakash Institute to expand its operations for “Entrance Exam Preparations.” Well, that was not the only one. Unacademy has acquired various startups to expand its portfolio. We have provided the list of startups acquired by Unacademy. You can explore it for more information. Now, the point to note is- Is Unacademy profitable despite pouring heavy funds into its expenditures and acquisition?
Here’s a quick look at Unacademy’s financials which tells its profitability story-
Unacademy’s Financials | Amount (in Crores) |
Market Valuation | Rs.114.6 crore |
Revenue Earned | Rs.844 crore |
Expenses | Rs.3,703 crore |
Profit/Loss | Loss of Rs.2,848 crore |
So, here is your answer- “Unacademy faced a huge loss worth over Rs.2,848 crore in FY22.” Last year, Unacademy faced a loss of Rs.1,537 crore.
Revenue Earned
Unacademy earned revenue from the following sources-
Revenue Sources | Amount Earned |
Sale of Services | Rs.705.5 crore |
Sale of Education Material | Rs.13.7 crore |
Other Income | Rs.125 crore |
Expenses
Now look at the following expenses that led to the profits for the company “Unacademy.”
Expenses | Amount |
Employee Benefit Expenses | Rs.1,771 crore |
Educator Charges | Rs.814 crore |
Advertising & Promotional Expenses | Rs.549 crore |
Legal & Professional Fees | Rs.154 crore |
IT Costs | Rs.165 crore |
Other Operating and admin expenses | Rs.250 crore |
Final Thoughts
As you know, in the post-pandemic era, numerous ed-tech companies including Unacademy and Byju went through massive losses. These ed-tech startups heavily invested in their expenses due to which the losses mounted over Rs.2,848 crore. Well, Unacadmey is not the only one to face such losses. Other ed-tech companies like Byju’s are on the row as well. But according to Unacademy, its expenditures are crucial investments that will give profitable returns in the future. It is efficiently working to build courses in multiple languages for students worldwide!