Startup Story of Unacademy – Unacademy has changed the learning scenario in the country. It has changed the typical traditional learning pattern by bringing things online. It is one of the starting platforms in its niche. Unacademy was founded in 2010. Initially, it was started as a Youtube channel by Gaurav Munjal.
But, later on, the founder of this prior Youtube channel joined hands with Roman Saini and Hemesh Singh to start Unacademy in 2015. As per the stats of 2019, the platform has 10,000 registered educators and around 13 million learners which is a huge data statistics for just 4 years of a business in running.
It is an Edtech startup that has also got an investment from Facebook. Facebook has invested $110 million in this startup. This platform is the fastest growing Indian education technology platform. It is a Bengaluru based startup.
Startup Story of Unacademy
On their startup, Gaurav says, “Our goal from day one has been very clear: democratize education and make the quality of education accessible to everyone around the corner.” He said this is done on their platform by bringing the best educators and content on their platform.
Startup Story of Unacademy – He ensures that the education they provide should be – accessible to everyone across the country from rural to urban. When they started this platform, their prime focus is the educators creating educational videos and offering live informative and interactive classes to students, and students having access to more than 30 exam preparing categories.
The 70% users of the platform are from the Tier 2 and Tier 3 cities of the country. On their platform, they have content for the competitive examinations and also on various subjects. They have designed entire courses in video formats.
Startup Story of Unacademy
The lecturers create videos on the platform for different subjects. They usually create short videos depending upon the subject so that it is easy for the students to learn. They also have exams at the end so that the students get qualified to get a proper certificate.
They have partnered with the brightest minds and the most skilled professionals from across the country and have courses on every topic in multiple languages. They want the whole world to benefit from their learning platform in any subject of their choice. They have built an online knowledge repository for multilingual education.
Their USP is providing quality education. They help the students prepare for the major exams of the country like UPSC, IIT-JEE, and CAT. Their business model is B2C. Started with 3 people only, the company has reached an employee level of over 500. They have a plethora of investors in their company.
They have 60 plus exam categories on their platform and they host over 1500 live classes daily. They have their website as well as an app so it is easy to even learn on the go.