Unacademy Net Worth:$3.4 Billion (Rs 24400 Crores)
Unacademy recently raised $440 million in a new funding round led by Singapore’s Temasek Holdings, valuing the education technology startup at $3.4 billion, according to a top executive.
Unacademy is an Indian Learnig Platform which is headquartered in Banglore. In 2015, Roman Saini, Gaurav Manjul, and Himesh registered this Startup in the form of a Company but the initial effort was taken in 2010 from Youtube Platform by uploading a Video.
The Company has 18,000 Educators and Millions of Active Students who learn from the Experts in their particular domain. Lets analyse how Unacademy Net Worth has Raised up to 3.4 Billion in just 6 Years.
Unacademy has also brought on board Aroa Ventures, Oyo Hotels & Homes founder Ritesh Agarwal’s family office, as well as Deepinder Goyal, cofounder and chief executive officer of Zomato.
Unacademy Net Worth 2022:
Unacademy Net Worth is $3.4 Billion in 2022. In India, it is one of Fastest growing Unicorn Company, especially in the Edu-tech Sector. Its biggest source of income is Unacademy Plus where they add extra features like live sessions, mock tests, etc.
After attracting Students towards them, they have converted those traffic into sales by selling their Paid Subscriptions. Students are happy to pay their subscription fees to get quality education at a low price if they compare with offline coaching classes.
Unacademy Net Worth 2022:
|Unacademy Promoter||Virat Kohli|
|Unacademy Net Worth||$3.4 Billion|
|Unacademy Net Worth in Rupees||24400 Crore Rupees|
|Unacademy Educator Salary||75,000/-|
|Unacademy Founder||Roman, Himesh, Gaurav|
|Unacademy Revenue Per Year||11 Million Dollar|
Unacademy Net Worth in Rupees:
Unacademy Net Worth in Rupees is Rs 24400 Crore in Indian Rupees. Net Worth of Unacademy also depends on the contributor of Unacademy who are 18,000 in numbers and these Qualified teachers, after joining Unacademy ,earn money and the respect Apart from Appreciation, Teachers are getting more Pay than the offline coaching institute also.
Unacademy was founded in 2015 but the initiative was taken in 2010 by the CEO and the founder of unacademy Gaurav Munjal (a great Businessman)by uploading a video on Youtube.
This video was uploaded on 31st December 2010 when the whole world was celebrating new year eve but Manjul was busy in making his new year resolution with the start of his YouTube channel.
On the other hand, Manjul continued to upload videos on YouTube channel. In 2014, after getting a positive response from the Audience on his Youtube Channel he decided to sell his business Flatchat and start focusing on his Youtube Channel and try to convert it into a bigger platform.
So both Manjul and Himesh Sold Flat Chat to Common Floor Company and received his profit of 50 Lakh Rupees from FlatChat.
Roman Saini joining Unacademy
In 2015, he met Roman Saini (CEO of Unacademy) who was very talented and had cleared the medical India test at the age of just 16 and got admission to All India Institute of Medical Sciences (AIIMS). Then he cleared UPSC exams and after that, he appointed as the Assistant Coordinator.
But after meeting with Gaurav Munjal, Roman Saini was inspired by his words and thought that the idea of establishing the Unacademy can change the future of the Indian Education System. He left his IAS job and joined with Gaurav Manjul and Himesh to make Unacademy India’s top education platform.
Putting Years of experience and day-night struggle finally in 2015, they built the Empire and named it Unacademy. Gradually they launched their App, Sites where they made a video on UPSC, Jee, and other competitive exams too. Apart from the website, they also continued to upload videos on Youtube and later named Manjul’s youtube channel to Unacademy.
Unacademy was established to fulfill the need of students who required a tutor for the preparation of their Competitive Exams. Evenly, they also act as a path in between of great Leaders and good Students.
We all know that for the preparation of UPSC, IAS tuition fees are too high that middle-class students can’t afford. Apart from that, students of the village areas traveled from their village to cities to get higher education and they took admission in Kotta Classes, which are so expensive.
Apart from coaching fees their traveling charges also become a problem for them. So in order to full fill these problems they started an online education platform and named it Unacademy, where they provide free education for all the students. But now after investing so much from their Marketing Budget. Now they charge a few fees for their Paid Subscriptions. In Unacademy Plus a paid subscriptions they added an extra feature which is not available in their free plans like live sessions, mock test and so on.
Unacademy Business Model:
Unacademy has become very successful because of its win-win Business Model. Not only students were frustrated with the high fees of coaching but the good teachers were also not deserving their rights in terms of good Salary.
Unacademy shook the market of the whole Indian education system in India.
Unacademy is the online education platform of India. It was the idea of providing quality education at a low price to all the students of India. The initiative was taken by Gaurav Manjol in 2010, by uploading a video on youtube.
They kept working in the establishment of a company but the company was registered officially in 2015 & in 2016 they launched the unacademy app & website. Now in 2021, Unacademy Net worth is 2 billion Dollar.
|Wifistudy||For $10 million in 2018|
|Prepladder||For $50 million in July 2020|
|Mastree||For $5 million in July 2020|
|Handa ka Funda||March 2021|
In an interview with ET, Unacademy’s cofounder Gaurav Munjal said that the Unacademy wants to position itself as a broader technology firm with multiple consumer-facing products, and not be restricted to edtech.
Unacademy Brand Ambassador:
In 2021, Sachin Ramesh Tendulkar has invested in Unacademy. Now he is the brand ambassador of Unacademy.
In May 2020, a Hacker posted on DarkWeb of selling 20 Million active accounts of Unacademy in just 2000$. Later Unacademy confirmed that no private information had been compromised and nothing valuable has missed.
Unacademy Social media Links:
|Youtube||720K Subscribers||Click Here|
|976K Followers||Click Here|
|132.3K Followers||Click Here|
|1.1 Million Followers||Click Here|
|284K followers||Click Here|
1. Who is the owner of Unacademy?
The owner of the Unacademy is called Gaurav Manjul. But Roman Saini and Himesh Singh also joined later with the same effort in the establishment of Unacademy. Gaurav is called the founder of Unacademy because the initiative was taken by him by uploading a video on youtube. Later, they converted their Idea into the shape of a billion-dollar company. Now Unacademy net worth is 2 billion dollars.
2. What is the Net worth of Roman Saini?
In 2021, Roman Saini net worth is 18 Million Dollars. Roman Saini is an Entrepreneur, Educator, a Doctor, and a Co-Founder of Unacademy.
Roman Siani was an IAS Ex-Officer as an Assistant Coordinator but after meeting with Gaurav Manujul, he left his IAS job and started focusing on establishing the Unacademy.
3. What is the total income of Unacademy?
Unacademy is an Online Education platform that has a revenue of 11 Crore Rupees from operation during FY19. Mostly Unacademy net worth majorly depends on its paid Subscriptions. In 2019, Unacademy has raised its revenue by 6X from last year’s revenue.
4. Is Roman Saini rich?
Yes, Roman Saini is Rich. He has a net worth of 18 Million Dollar, with this huge amount of net worth he is enjoying his life and aslo did some major investement in other tech Starup to make his living more Sustainable