Unacademy, an online free learning platform, today said it has raised USD 500,000 (about Rs 3.32 crore) in their first round of external investment, led by Blume Ventures.
Other investors like Rajan Anandan (Google), Sumit Jain (CommonFloor), Aprameya Radhakrishna (Taxi4Sure), Sujeet Kumar (former Flipkart executive), Phanindra Sama (RedBus) among others participated in this round, Unacademy said in a statement.
"Unacademy's vision is to distribute knowledge of the educators and innovators in the form of mini-courses having lessons of not more than 10 minutes each. The platform makes the discovery of these courses easy which the learners can then take and track their progress," Unacademy co-founder and CEO Gaurav Munjal said.
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Unacademy, which started as an educational YouTube channel, launched its free learning platform, Unacademy.In in January.
The YouTube channel has more than 15 million video views, while the platform has more than 1,500 lessons across topics like learning a new language and government examinations.
Unacademy allows educators to create courses on the platform. All educators go through an interview process and selection is based on their experience. The company helps educators create these courses which are then available on the platform for free.
