Bengaluru-based learning platform – Unacademy has bought a majority stake in TapChief. The valuation of the professional networking platform now stands at Rs 100 crore.
The networking platform was established in 2016 with a mission to empower professionals with technology. The company claims to help over 150,000 solopreneurs to work with more than 250 customers, driving over 20 crore in incomes.
Speaking on the acquisition, Co-founder and CEO, Unacademy Group – Gaurav Munjal said, “Our endeavour at Unacademy has always been to democratise 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. Shashank and his team have delivered promising results in a short span of time and I am delighted to welcome the TapChief team to the Unacademy Group.”
Co-founder and CEO at TapChief – Shashank Murali said in the statement, “TapChief’s mission has been to empower the modern Indian professional with access to a wide array of opportunities that enhances their career and growth. Starting from college as undergraduate students to becoming a part of one of India’s best-known unicorns has been a dream come true for a young team like ours. We are excited to learn from the Unacademy team and carry forward our mission at a greater scale and fervour as part of the Unacademy Group.”
