$150m Softbank, GA cash makes Indus client Unacademy a unicorn, with Khaitan, Bharucha

SoftBank Group Corp. is leading a round of venture investment in India’s education startup Unacademy, boosting its valuation to $1.45 billion as online learning surges during the coronavirus pandemic.

— Mint

IndusLaw advised Sorting Hat Technologies Private Limited (“Unacademy”) led by a team of partnerSuneeth Katarki (senior partner) along with partnerRashi Saraf and partnerSiddharth Manchanda represented Unacademy, , Other Team Members Ankita Gupta, Manisha Nayak and Nishihi Shah.

Bharucha & Partners advised General Atlantic led by a team of partnerVandana Pai, associateAditi Mallavarapu, and associateAyush Jain.

Khaitan & Co advised Softbank led by a team including partnerBharat Anand, principal associateNidhi Killawala and senior associateBhavna Pattanaik.

2020-09-01

Deal value: $150m

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