Unacademy acquires majority stake in Mastree at over Rs 100 Cr valuation
Continuing its expansion spree, Unacademy has invested $5 million in the K12 learning platform, Mastree for a majority stake. “Mastree is building a highly impactful subscription product, and it will change the way students learn. We are very happy to have Mastree as part of the Unacademy Group,” said Gaurav Munjal, co-founder and CEO of Unacademy. The Bengaluru-led firm has also provided an exit to Blume Ventures in Mastree.