Facebook-backed Unacademy buys professional networking platform TapChief

Post acquisition, TapChief will join the Unacademy Group with a valuation of Rs 100 crore

Edtech unicorn Unacademy, has acquired TapChief, a leading professional networking and future of work platform. As part of the deal, Unacademy, which is backed by SoftBank and Facebook, will acquire a majority stake in TapChief, and enable the exit of all existing investors. Post the acquisition, TapChief will join the Unacademy Group with a valuation of Rs 100 crore.

“Our endeavour at Unacademy has always been to democratise education and make learning accessible and affordable for everyone,” said Gaurav Munjal, co-founder and CEO, Unacademy Group. “TapChief shares a similar ethos in a different space, as evident from the open community