SoftBank’s money is coming from Vision Fund 2, a successor to its initial US$100bil fund.
BANGALORE: SoftBank Group Corp is leading a round of venture investment in India’s education startup Unacademy, boosting its valuation to US$1.45bil as online learning surges during the coronavirus pandemic.
Investors in the US$150mil funding include existing backers Facebook Inc and Sequoia Capital, while SoftBank’s money is coming from Vision Fund 2, a successor to its initial US$100bil fund.
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