Unacademy is the largest online learning app in India. In this, you can attend live classes by the top educators. Indian Edtech unicorn, Unacademy has now announced that Tapchief has become a part of the Unacademy Group.
Unacademy is acquiring a majority of stake in TapChief, Bengaluru-based professional networking and recruitment platform TapChief to launch Unacademy Pro, which would imply the company’s upward for higher education, career direction and guidance, and placements. Unacademy said it has acquired TapChief for the deal valuation of ₹100 crores in its sixth acquisition to date. All of the TapChief investors, including Paytm’s Vijay Shekhar Sharma, CRED’s Kunal Shah, Blume Ventures among others, will be exiting the company, and the entire team will be joining Unacademy.TapChief, founded in 2016 by BITS Pilani Alumni, Shashank Murali, Binay Krishna, and Arjun Krishna, helps students and professionals interact with experts and also work with them. The company claimed that professionals on the platform have completed “over 50,000 gigs for Fortune 500 Companies, Unicorns, Venture-backed Startups and SMBs in India”.
“Our endeavor at Unacademy has always been to democratize education and make learning accessible and affordable for everyone. TapChief shares a similar ethos in a different space, as evident from the open community of professionals and learners they’ve created. I am delighted to welcome the TapChief team to the Unacademy Group,” said Gaurav Munjal, co-founder and chief executive officer (CEO), Unacademy Group.“
Unacademy started by leveling the playing field for students who can’t travel to Kota, Delhi, and other cities by getting them access to these educators and the highest quality content for a fraction of the cost. And now it’s time for us to help students get their dream jobs by getting them the best education and access to top companies which they are not getting. This is the reason we are acquiring @tapchief,” Munjal tweeted.
TapChief is the seventh acquisition by Unacademy in the past 12 months, including test preparation platforms NeoStencil, Coursavy, Kreatryx, and CodeChef, and K12 learning platform Master. which the startup has seen a huge uptick in users thanks to the online shift in learning, during the COVID-19 pandemic.