IndusLaw, Khaitan, Bharucha act on Unacademy Group $440 million funding round

The new round of funding values the six-year-old startup at $3.44 billion

Unacademy Group has raised $440 million as part of its latest round of funding, led by Singapore state-owned Temasek Holdings, valuing the startup at $3.44 billion.

The round saw participation from Mirae Asset and existing investors Softbank Vision Fund 2, General Atlantic, Tiger Global, Zomato founder Deepinder Goyal and OYO founder Ritesh Agarwal.

IndusLaw advised Unacademy and the team included Partners Suneeth Katarki, Rashi Saraf, Siddharth Manchanda along with Senior Associate Shivani Setty and Associates Anushree Kacker, Manisha Nayak and Ruchika Adlakha.

The Due Diligence was done by Rashi Saraf (Partner), Namita Vishwanath (Partner), Shivani Setty (Senior Associate), Annupriya Agarwal (Associate), Anantha Desikaran (Associate), Manisha Nayak (Associate), Anu Bhaskaran (Associate), Spandan Saxena (Associate), Ruhi Jain (Senior Manager), Neha Nijhawan (Associate) and Aditya Kumar (Associate).

Khaitan & Co acted for SoftBank. The team was led by Partners Bharat Anand and Nidhi Killawala along with Senior Associate Pulkit Chaturvedi.

Partner Indruj Rai and Associate Sarthak Parnami advised on tax aspects.

Bharucha & Partners advised General Atlantic and the team was led by Partner Vandana Pai along with Associates Ayush Jain and Gayatri Ramesh.

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