Edtech giant Unacademy has acquired Swiflearn, a start-up that gives live face-to-face online tuitions for CBSE and ICSE students from standards 1 to 10. The acquisition is in-line with Unacademy’s strategies to strengthen its place in the K-12 category and optimise its product contributions in the space.
Established in 2019 by Abhinav Agarwal and Anand Bakode, Swiflearn is an online platform for educational courses which offers personalised home tuition. The platform provides online classes for English, Maths, Science, and other areas of learning like Mental Ability, Life Skills and Vedic Maths.
“Swiflearn is building a high-impact personalised and scalable learning product that will change the way students learn. Abhinav, Anand and the team have developed a great product that is seeing tremendous traction. We have a shared vision to make quality education accessible and affordable for students of all ages, and we are delighted to have them as part of the Unacademy Group,” stated Gaurav Munjal, CEO and Co-Founder, Unacademy Group.
“We are very excited to join Unacademy since our strengths of pedagogy, content, and personalised classes combined with Unacademy’s product, brand, and reach will make it a strong value proposition in the K-12 market. Anand, I, and the team of Swiflearn are looking forward to working closely with the entire team at Unacademy and learning from them,” said Abhinav Agarwal, Co-Founder, Swiflearn.
Swiflearn currently has over 1,500 teachers with an average class rating of 4.9 out of 5. The platform hosts over 30,000 classes every month and has over 1,20,000 registered learners.
In August, Unacademy secured a Series H round of $440 million at a valuation of $3.44 billion.
Unacademy, at current, has over 50,000 registered educators and more than 62 million students. The startup allows learnings in 14 languages in over 5,000 cities.
Founded by Gaurav Munjal, Roman Saini, and Hemesh Singh, Unacademy was a simple Youtube channel in 2010. After getting a good response from Youtube users, the Unacademy channel began its journey as an edtech firm in 2015.
Within two years of its startup journey, Unacademy becomes India’s largest online learning platform with over 1 million learners and 40,000 live classes. In 2020, Unacademy further strengthened its operations by acquiring edtech startups like Kreatryx, PrepLadder, and Codechef. The startup also launched the Graphy app to bring creators online for selling their digital goods.