Zeta Founder Bhavin Turakhia And Dragoneer Investment Group Pool $10 Million To Unacademy H round
- BySheetal Sidhu | August 14, 2021
Zeta founder Bhavin Turakhia has joined the ongoing Series H round of Unacademy, founder Gaurav Munjal announced in a tweet. This is Bhavin’s maiden investment in a startup. Incidentally, he’s been on the board of Unacademy since 2017. Bhavin, along with the Dragoneer Investment Group, have infused $10 million in the edtech unicorn through a mix of primary and secondary transactions. This is a part of Unacademy ongoing $440 million round led by Temasek. “I planned my family vacations depending on the city the investor was going to be in. Once I went to Dubai to meet Bhavin Turakhia for 15 minutes after his squash game. I don’t even like Dubai.” The round also witnessed participation from General Atlantic, Mirae Asset, Tiger Global, and Softbank Vision Fund II.
Other marquee investors in Series H include Aroa Ventures, the family office of OYO Founder Ritesh Agarwal, and Zomato Founder Deepinder Goyal. It comes at a time when India’s edtech sector is flush with venture capital, with market leaders Unacademy and BYJU’S grabbing almost 76 percent of the total funding. The sector has been one of the top-funded in the first eight months of 2021.
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