In this article, I have come up with a complete analysis of Unacademy Net Worth in 2022.
Unacademy took its first step toward student collaboration in 2015 and appointed Gaurav Munjal as CEO of the company.
Many well-known multinational firms, including Google, Amazon, and Twitter, are among the many that have provided financial assistance to Indian startups.
According to India's Edtech sector, Unacademy is the fastest-growing company with a value of $510 million.
Unacademy offers many courses like UPSC CSE-GS, IIT JEE, NEET-UG, CAT, and other MBA entrance exams, and bank exams. Unacademy can be used for our assistance.
Unacademy also provides custom-based pricing. Many courses are run by reputed universities however these certificates were valid.
Some Maine companies, such as Wi-Fi, Prep-Ladder, and Code chef, put money into Unacademy.
So let's get started!
The Founders Of Unacademy
Five years ago, two friends, Gaurav Munjal and Roman Saini founded Unacademy, a platform for online coaching, driven by their enthusiasm for changing people's lives.
The Unacademy is currently ranked sixth worldwide on the online education platform. The company is currently valued at $1.45 billion (Rs 11,000 crores).
Here, we have also concluded the Unacademy founder's net worth, salary, and education.
Gaurav Munjal
Gaurav Munjal is co-founder and Unacademy's CEO(Chief Executive Officer).
Education: He completed his graduation in BTech at NMIMS University, Mumbai. His schooling was completed in St. Xavier's senior secondary school, Jaipur.
He is co-founder and CEO of a real estate platform for college students and bachelors across India.
Net Worth: Gaurav Munjal's net worth is $1.42 Million.
Hemesh Singh
Hemesh Singh is the co-founder and Chief Technology Officer(CTO) of Unacademy.
He graduated from Motilal Nehru National Institute of Technology with a bachelor's degree in engineering.
Before joining Unacademy he served as CTO of FlatChat (Startup).
Roman Saini
Roman Saini is a successful entrepreneur who is a doctor and a former Indian Administrative Service (IAS).
His journey has started as the youngest civilian servant in India and Now he became the founder of a company that helps many UPSC aspirants.
Education: He pursued a bachelor of medicine, a bachelor of surgery(M.B.B.S), and medicine from all Indian institutes of medical sciences, New Delhi.
Net worth: Roman Saini Net Worth $1 Million – $5 Million.
Also, Read:
Unacademy Net Worth 2023
Unacademy's net worth is expected to reach 2 million dollars at the end of 2022. Unacademy is an educational platform that was started in Bangalore, India, in 2015.
In India, particularly in the Edu-tech sector, Unacademy is the fastest-growing Unicorn company.
Roman Saini, Gaurav Manjul, and Hemesh shaped the startup in the form of the company but the first step to initiative Unacademy was taken in 2010 from the YouTube platform of uploading videos of different types of educational sectors mostly over 10th, plus two grades, etc.
Unacademy contains subscriptions like plus subscription, Pr,o subscription, etc the subscriptions contain live sessions, mock tests, and so on.
Now the company has 18,000 educators and millions of active students who learn from experts in the particular domain of clarification. In just a matter of 6 years, Unacademy raised 2 billion in net worth.
Unacademy Promoter | Virat Kohli |
Unacademy Net Worth | $2 Billion |
Unacademy Net Worth in Rupees | ₹14,831 Crore |
Unacademy Educator Salary | ₹75,000 |
Unacademy | Roman, Himesh, |
Founder | Gaurav |
Unacademy Revenue Per Year | $11 Million |
Who Plays a Major Role In Unacademy?
As we know today the modern generation for online. Everyone refers to working online rather than offline. From online movie ticket booking to online bank funds transferring, everything has become digital nowadays.
In such a period the most important thing to study has also become digital today. Today every child was learning online while sitting at home during the pandemic situation.
This pandemic situation brings most of the work to be done online. From online tutorials to doubts clarification, assignments are all conducting in online.
Unacademy is an online platform working in the field of learning and education. It is one of India's largest online learning platforms. In this various types of free and paid courses are available.
The experience and capable educators made the students more educated and gain knowledge about any subject. Not only for students, but it is also most useful for teachers and freshers joining an IT company.
If we take a look at the CEO, Gaurav Munjal is the CEO and the co-founder of unacademy. As we know that unacademy was started in 2010 with a YouTube channel.
This channel was created by Gaurav Munjal. Later Gaurav Munjal collaborates with Roman Saini. In 2015 Gaurav Munjal, Roman Saini, and Hemesh Singh became the founders of the unacademy.
Unacademy History
The biggest platform unacademy took its first step in 2015 but the initiative to start the unacademy was taken in 2010 by the CEO and the founder of Gaurav Munjal by uploading videos about various learning grades on YouTube.
The first video he uploaded is for the 10th-class students for examination guidance. When everyone was celebrating their previous night of the new year, Munjal was busy making tutorial videos to upload on YouTube.
And the video which was posted by Munjal on December 31st,2010 on his newly created YouTube channel which is named UNACADEMY collected many positive responses from the students which built confidence in Munjal to work on this channel.
Unacademy's main theme is to equalize education. Unacademy is not a biased platform, it doesn't have any batches separated by ranks. Unacademy aims to become a part of the learning journey of every student.
Unacademy is one of India's online education portals. Unacademy's main motto is to provide high-quality education at a low cost to all students all over the world. The initiative was taken by Gaurav Munjal in 2010 by posting a video on YouTube.
Unacademy is one of India's online education portals. Unacademy's main motto is to provide high-quality education at a low cost to all students all over the world.
The initiative was taken by Gaurav Munjal in 2010 by posting a video on YouTube.
Unacademy is one of the official partners of IPL. Ayush Sanghi, Deepanshu Singh, Jatin Verma, Rahul Agarwal, Mudit Gupta, Deepika Reddy Magham, Dr. Sidharth Arora, Sumit Kapoor, and Awdhesh Singh we're the most popular educators in Unacademy.
The Early Start Of Unacademy
As we know today the modern generation for online. Everyone refers to working online rather than offline. From online movie ticket booking to online bank funds transferring, everything has become digital nowadays.
In such a period the most important thing to study has also become digital today. Today every child was learning online while sitting at home during the pandemic situation.
This pandemic situation brings most of the work to be done online. From online tutorials to doubts clarification, assignments are all conducting in online.
Before starting the unacademy, Manjul started a company FlatChat ( it is a type of business that acts as a mediator between the flat owner or landowner and the client) with Himesh Singh and this business gained a certain growth in a very short period.
On the other hand, Munjal continued to upload videos on his YouTube channel unacademy about the 10th class and grade plus two and the graduate students.
He decided to end this FlatChat business and start focusing on YouTube to begin a big platform that will help students, after getting a positive response for his YouTube videos in 2014.
So both Munjal and Himesh have sold their FlatChat company to the common floor company and received a profit of 50 lakh from FlatChat.
However, after meeting with Gaurav Munjal, Roman Saini was inspired by his ideas that these ideas may be useful for the students and other teachers in the future.
By considering this idea he quit his IAS job, which aspires to be a dream for many students nowadays. He quit his most prestigious IAS job to make himself a part of the unacademy platform which will be helpful for every student in the future.
Unacademy Brand Ambassador?
The most famous Indian Cricketer Mahendra Singh Dhoni is the brand ambassador of the unacademy platform.
Unacademy UPSC Net Worth
Unacademy UPSC has become the most popular channel on YouTube with more number of 786 thousand subscribers. The channel was launched in 2018 in India for the first time.
As of now, 10,964(Ten thousand nine sixty-four) videos were uploaded to the unacademy UPSC YouTube channel.
Unacademy Net Worth in Rupees
Unacademy net worth in Rupees is 14,831 crore Indian rupees. The net worth of an Unacademy also depends on the contributors of the unacademy which are 18000 in number and with qualified teachers,
after joining Unacademy students learn to respect their teachers, which this new generation has forgotten to give to the teachers.
And the minimum qualification of unacademy teachers depends on the subject and the stage of the subject they need to teach.
In comparison with the offline coaching institutes, teachers were earning a high amount of salary in online tutoring. And they are free from traveling stress and money. Educators' net worth depends upon their knowledge, talent, hard work, and for which grade of students they are teaching.
Unacademy was established to fulfill the need of all the students and teachers who required a particular knowledge or preparation for an examination of any kind. They also act as a bridge between great leaders (teachers) and good students.
Unacademy Net Worth
We all know that the central government examinations like UPSC, IAS, and many others examinations have high tuition fees and the middle class and lower-class students can't make an effort. The net worth has gradually increased from $1 billion to $2 billion in just six years.
As part of this problem, unacademy founders made a solution to help those students to get placed in the future. To do this, they decided to launch online tutoring which will help them with very low fees and save the traveling fees (if they want to travel to another City for the tuition).
At the start of the unacademy platform, they conducted free classes and provided free videos for the students but after reaching the market budget they start charging low fees.
In an unacademy paid subscription, a paid student can have extra features which are not available in their free plans like live sessions, online doubt clarification, mock tests, and so on.
Unacademy Merchandise
As Unacademy is the largest online learning platform, unacademy started merchandise by printing t-shirts(with a company logo and the brand name) which were provided for their students who were subscribed and to the educators.
These types of merchandise were provided by unacademy to promote their platform and to reach everyone's mind that unacademy is an online learning platform.
An active subscriber of unacademy (Either student Or educator) can request any unacademy merchandise(Iconic T-shirt and jacket) through the educator's app's profile to the staff working in unacademy.
The requested merchandise T-shirt approximately may reach you within the next 30 days of your order being placed.
The Business model of the Academy
Unacademy becomes very successful with its win-win business model. The students who were the subscribers of the unacademy were frustrated due to the high tuition fee,
However, the teachers were also frustrated about their terms and good salary. Students and teachers were excited due to the rise of the unacademy, which created history.
Gaurav Munjal (CEO) announced that Uncademy has hit a milestone of 8 lakh subscribers. Munjal launched this prestigious platform on 30th January 2019.
Unacademy provides test series with rank predictors, structured courses, live classes with accomplished educators, 24/7 doubt resolution services, and more.
There are some exciting discounts on subscriptions that help with courses for National Eligibility cum entrance test Undergraduate (NEET-UG), joint entrance exams (JEE), and class 8 to 12 aspirants.
For laying off 600 employees in a cost-cutting exercise, Unacademy became popular in the news recently including both contractual workers and employees, and constituted around 10% of the total workforce.
The control of the whole Indian education system has been seized by the unacademy. Both students and professors are excited about Unacademy’s rise.
Unacademy Vision And Mission
Gaurav Munjal and Roman Saini's passion to forge the lives of others made the start. To compete with naukri.com and LinkedIn Gaurav plans to use the funding to build new lines of business in segments such as jobs.
Unacademy was established to fulfill the need of all the students and teachers who required a particular knowledge or preparation for an examination of any kind.
They also act as a bridge between great leaders (teachers) and good students. We all know that the central government examinations like UPSC, IAS, and many others examinations have high tuition fees and the middle class and lower-class students can't make an effort.
Unacademy is one of India's online education portals. Unacademy's main motto is to provide high-quality education at a low cost to all students all over the world.
The initiative has taken by Gaurav Munjal in 2010 by posting a video on YouTube.
The Unacademy app and website were released in 2016, however, it was officially established in 2015. The net worth of the unacademy in 2022 is 2 billion dollars.
The control of the whole Indian education system has been seized by the unacademy. Both students and professors are excited about Unacademy’s rise.
Is Unacademy in Loss or Profit
A loss of INR 1,537.4 crore in the fiscal year 2021 occurred with the comparison of the fiscal year 2020(INR 258.6 crore) to the second most valued tech startup in India.
At the end of March 2021, Unacademy saw a loss of 494% in Bangalore; the same period revenue surges by 514.6%.
$838.5 million in funds have been raised over 12 rounds by u academy. The recent fund was raised from the Series H round on August 1st, 2021. Later 42 investors invested in the unacademy.
The recent investors were Mirae Asset Venture Investment and General Atlantic.
The main reason for raising funds by a lot of companies in the Edtech space is the rising demand for remote learning in India. Series H worth $449 Mn is closed by unacademy at a valuation of $3.44.
It was led by Singapore's Temasek. Tiger Global, General Atlantic, Softball, Retish Agarwal, and Aroa ventures participated in this round.
In the fiscal year 2021, the expenses of the unacademy were risen by 359%. In comparison with the fiscal year, 2020 unacademy revenue has been raised by 350% in the fiscal year 2021.
In comparing the fiscal year 2020(INR 452 Crore) and fiscal year 2021 the unacademy expenses were raised to INR 2,027 Crore.
The company's expenses rose nearly 5 times to rupees 559.28 crores during the company's miscellaneous period.
The company counts charges for graph content, payment gateway charges, development charges, education charges, and other miscellaneous expenses. Based on consolidated companies, total expenses were at most 2029.9 crores.
Unacademy on Social Media
YouTube is the official social media platform of the Unacademy where they conducted all live sessions and recorded videos. They also uploaded their recorded videos on the most famous social media like Facebook and Instagram.
The unacademy official YouTube channel manager's salary will range from ₹4,39,435 – ₹4,60,654 per year in Indian rupees. And it is permanent work from home(which has no extra charges and more savings) with a flexible working environment.
- The official YouTube channel of unacademy is subscribed by 722k subscribers.
- The official unacademy page on Instagram is followed by 976k followers.
- The followers on Twitter, Facebook, and LinkedIn were 132.3 thousand, 1.1 Million, and 284 thousand respectively.
More than 50,000 registered educators and 65 million learners work associated with the largest learning platform unacademy, which was founded by Himesh Singh Roman Saini, and Gaurav Munjal in 2015.
Almost 14 languages were offered by startups across 5000 cities worldwide.
Along with students, the unacademy is expanding the educators also. Collaboration with the brightest mind and empowering India's youth population is the biggest aim of the unacademy.
To crack a Championship in 360 degrees named let's crack it, the first-ever ATL Campaign is launched by education Technology firm unacademy.
Stepladder Private Limited, Pilani expert Technology labs Private Limited, and US-based graphic Inc among others were acquired by the unacademy. As the sponsor of the Indian Premier League (IPL), unacademy spent on advertising the IPL.
Unacademy CA Net Worth
The estimated Net Worth of the unacademy CA foundation was about $ 180.7 thousand. However, it is not officially calculated. Unacademy CA foundation is a familiar YouTube channel.
Tips for achievement in life and education were thought on this YouTube channel. The present subscribers for this YouTube channel are 38.9 thousand subscribers. It is based in India and started in 2016.
Unacademy's CA foundation net worth is roughly calculated as $45.17 thousand. The YouTube channel gets revenue when it gets monetized only. Since unacademy is a big platform, it gets monetized. For every 1000 video views, the revenue generated by the YouTube channel is $3 to $7.
Some famous YouTubers promote the products which were sponsored by the companies. The revenue of the companies will increase through this sponsorship.
Unacademy UPSC Net Worth
The most popular YouTube channel Unacademy UPSC is launched in 2018. 1.9 million viewers were attracted to the unacademy UPSC YouTube channel in a month and at most 69.86 thousand per day.
The estimated net worth of this channel is about $505.58 thousand. However, no one is sure about the unacademy UPSC's real net worth.
Unacademy Net Worth vs BYJU's Net Worth
- The total revenue of BYJU is ₹2800 crores whereas Unacademy's revenue is ₹120 crores in the fiscal year 2020.
- The total users of BYJU were 5 crores whereas unacademy has 1.8 crores.
Unacademy Campaign – Let's Crack It
The main reason behind the campaign “LET'S CRACK IT” is to bring the fact “Together We Can Do It”.
Unacademy's main theme is to equalize education. Unacademy is not a biased platform, it doesn't have any batches separated by ranks. Unacademy aims to become a part of the learning journey of every student.
Along with students, the unacademy is expanding the educators also. Collaboration with the brightest mind and empowering India's youth population is the biggest aim of the unacademy.
To crack a Championship in 360 degrees named let's crack it, the first-ever ATL Campaign is launched by education Technology firm unacademy.
Unacademy provides offline videos by talented educators which are already taught in live classrooms to make them available to the student whenever they need to listen as many times as they want.
Unacademy Social Media Profile
For learners and educators, Unacademy uses visual appeal in the form of amusing and relatable posts and videos to take advantage of the wide creative potential offered by social media platforms like Facebook and Instagram.
When used properly, Facebook can be a potent marketing tool. Unacademy has 1,028,356 & 1,118,622 on their Facebook page.
You may use Twitter to find your competitors and learn about the marketing strategies and material they're utilizing. Unacademy has 26.2K tweets & 146.4K followers on its Twitter profile.
As the most trusted network, LinkedIn allows you to quickly and effortlessly create connections, expand your network, and find the ideal career path for your goals. unacademy has 631,234 followers on its Linkedin Page.
Unacademy Net Worth: Unacademy Customer Reviews and Testimonials
Here is what users say:
Conclusion: unacademy Net Worth
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There are a wide variety of courses to choose from on Unacademy, making it one of the top platforms for learning There is nothing better than learning a new skill from the comfort of your own home with Unacademy.
The fact that Unacademy has its headquarters in Bangalore, India's IT center, was noteworthy and attracted considerable interest.
Students at Unacademy, according to reports, number in the tens of millions of people. Unacademy's current market capitalization is in the range of $200-$300 million.
Frequently Asked Question
Who is Unacademy's owner?
Unacademy is owned by Gaurav Manjul. Unacademy was also developed by Hemesh Singh and Roman Saini. Since Gaurav started Unacademy by making a YouTube video, he is regarded as its creator. They then turned their Idea into a $1 billion enterprise. Unacademy has a $2 billion market value.
What is Unacademy?
The largest online learning platform in India is called Unacademy, and it works in the fields of education and learning. This offers a variety of Free and Paid Courses from knowledgeable and skilled Educators.
When did Unacademy Start?
In 2010, Gaurav Munjal launched Unacademy as a YouTube channel. Unacademy was formally registered as an education business in Bangalore in 2015.
Unacademy is the Partner of IPL?
Unacademy committed to becoming an IPL partner in 2020. A three-year payment of Rs 140 crores is required from them to the BCCI. When Vivo temporarily withdrew for political reasons, the edutech business made a bid for the IPL 2020 championship rights but lost to fantasy cricket operators Dream11.
What is the net worth of Unacademy in rupees?
In terms of online education, Unacademy is currently ranked sixth in the world. The company is currently valued at $1.45 billion, or Rs 11,000 crores. It was Munjal's decision to leave his high-paying career in computer engineering to create the company.
Is Unacademy founder an IAS?
In addition to being a doctor, Roman Saini is also a co-founder of Unacademy. He resigned from the IAS after two years as an assistant collector to pursue his love of teaching.
Does Unacademy make profit?
Unacademy made Rs 11.66 crore in revenue from operations in FY19, according to the company's annual financial report filed with the MCA. It's important to note that all of its revenue has come from a paid subscription. During FY19, the company's revenue jumped 6.6 times from Rs 1.76 crore to Rs 1.97 crore.
Who funded Unacademy?
An investment round of $440 million led by Temasek, with General Atlantic, Tiger Global, and Softbank Vision Fund rounding out the other partners, Unacademy announced on Monday. The value of Unacademy Group has risen to $3.44 billion as a result of the most recent round of financing.
Is Unacademy free of cost?
There is no cost to use the Unacademy app or to watch videos online. All of their live and recorded classes are included in their subscription for a cost of between 1200 and 6200 per year.